714-745-2708

1412 Centinela Avenue, Inglewood, CA 90302

$2,500,000 Approx. USD 12 beds, 14 baths
8,862 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Neema Ahadian | neema@marcusmillichap.com
Lic#: 01346750
Broker: Courtesy of Marcus & Millichap
Phone: 310-909-5444

Agent Remarks

We are pleased to present 1408-1412 Centinela Avenue, a 12-unit multifamily investment opportunity in Inglewood, comprised of two buildings on a single 11,992 SF parcel totaling approximately 8,862 SF of gross building area. The property was built in 1958. A diverse unit mix of nine one-bedrooms, one two-bedroom/one-bath, one two-bedroom/two-bath, and one three-bedroom/two-bath appeals to a wide range of renter profiles and supports consistent leasing activity across unit types. The property offers controlled access through a shared gate serving both buildings, providing a layer of security that is attractive to prospective tenants. The property is also separately metered for gas and electric. In-place ancillary income is generated through on-site laundry and storage rentals, with notable upside available by leasing additional storage space to tenants that is not currently being monetized. Select units feature wall AC units and in-unit washer and dryer hookups, amenities that are uncommon at this price point and support strong tenant retention. Rear detached garages present a potential ADU conversion opportunity, offering a future owner the ability to add units and increase density on the site (buyer to verify). Offered at $2,500,000 ($208,333/unit, $282.10/SF), reflecting a 6.41% current cap rate and 9.23 GRM on in place income. Located in Inglewood, a submarket that has seen sustained investment and redevelopment activity in recent years, supporting long-term demand for well-located rental housing.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26866587

Price: $2,500,000

Beds: 12

Baths: 14

Built in 1958

8,862 sqft

2 stories

0.28 acres

Lot size: 0.2753

County: Los Angeles

Zoning: INC2YY

Parking description: None

Heating/cooling: None

Heating description: None

MLS area: 101 - North Inglewood

Last Updated: 8/7/2026

Days On Market (DOM): 25

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This listing belongs to the 101 - North Inglewood MLS area

Lat/Long: 33.977132, -118.364592.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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