934 Centinela Avenue, Inglewood, California 90302, Inglewood, 90302 - bed, bath
ACTIVE$895,000
934 Centinela Avenue, Inglewood, California 90302
0Bed
0Bath
1,000Sqft
4,041Lot
Year Built
1957
Close
-
List price
$895K
Original List price
$914K
Price/Sqft
$895
HOA
-
Days on market
-
Sold On
-
MLS number
DW25108986
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $895.0K(33th), sqft - 1000(33th), beds - undefined(50th), baths - undefined(50th).
Amazing income property opportunity in Inglewood Minutes away from the SoFi Stadium. Corner lot Duplex! One bedroom one bathroom each unit very well maintained. Big driveway each tenant has 2 parking spaces tandem. Both units are currently rented and owner receives Income as well from Billboard on property. Close to shopping areas and schools very convenient location. One unit can be provided vacant at close of escrow if needed. Property has a lot of potential to revenue much more income. Perfect to add a ADU or much more.
Price History
Date
Event
Price
05/22/23
Sold
$610,000
04/19/12
Sold
$120,000
Condition Rating
Fair
The property was built in 1957, making it over 60 years old. While the description states it is 'very well maintained,' the property analysis explicitly notes the 'potential for dated systems' and 'older infrastructure.' Crucially, no interior images are provided, especially for the kitchen and bathrooms. For a property of this age, the lack of interior photos strongly suggests these areas are likely outdated in style, features, and appliances, requiring minor to substantial updates to meet current quality standards. It is functional enough to be rented but shows clear signs of age and likely outdated components.
Pros & Cons
Pros
Strong Income Generation: This duplex offers immediate income with both units currently rented, complemented by additional revenue from a billboard on the property, providing a diversified income stream.
Prime Location & Accessibility: Strategically located minutes from SoFi Stadium and close to shopping areas and schools, offering high tenant demand and convenience.
Development Potential: The property presents significant potential for increased revenue through the addition of an Accessory Dwelling Unit (ADU) or further expansion, enhancing long-term value.
Corner Lot Advantage: Positioned on a corner lot, which typically offers better light, privacy, and potentially easier access for future development or tenant convenience.
Well-Maintained & Ample Parking: Both units are described as very well maintained, reducing immediate capital expenditures, and each tenant benefits from two tandem parking spaces in a big driveway.
Cons
Compact Unit Size: With a total of 1000 sqft for two 1-bedroom, 1-bathroom units, individual unit sizes are quite compact, which may limit the tenant pool or future rental upside compared to larger units.
Property Age & Potential for Dated Systems: Built in 1957, while well-maintained, the property may have older infrastructure (e.g., plumbing, electrical) that could require significant updates or maintenance in the future.
Limited Unit Configuration: Both units are 1-bedroom, 1-bathroom, which might appeal to a narrower segment of the rental market compared to properties offering more diverse or larger unit configurations.