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Listed by Larson Harley of Lyon Stahl Investment Real Estate,Inc. (949-933-1112)

Listing Sold by Lyon Stahl Investment Real Estate, Inc.
**335 Centinela Ave must be sold together with 339 Centinela Ave and 434 Warren Ln for a combined price of $1,695,000.** We are to present 335-339 Centinela Ave & 434 Warren Ln, Inglewood. This is a rare development opportunity to purchase three contiguous lots on separate parcels in the most desirable Northwest pocket in Inglewood for $125/SF of land. The combined lot size is 13,493 sq ft zoned MU-C in the Downtown & Fairview Heights TOD Zone. MU-C zoning has an array of allowable uses (see OM) with a maximum height of 4 stories or 55 feet with a 20% eligible height bonus.* 335 Centinela is a duplex consisting of (2) 1-bed/1-bath units, 339 Centinela is also a duplex with (2) 1-bed/1-bath units, and 434 Warren Ln is a 1-bed/1-bath SFR with (5) 1-car garages detached from the house. The monthly gross income for all units is $6,234 and four of the five tenants are on month-to-month leases. These sites are located less than half a mile from the Downtown Inglewood Metro Station (K Line) and in close proximity to The Forum, SoFi Stadium, and the Intuit Dome (2024 est. completion). 335-339 Centinela Ave & 434 Warren Ln present an opportunity for investors to add value through renovations/ADU construction or for builders to take advantage of the desirable MU-C zoning and benefit from the rising tide of large-scale developments in Inglewood.

Property Details of 335 339 Centinela Avenue

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Based on information submitted to CRMLS as of September 20, 2024 8:24 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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