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1412 Centinela Avenue, Inglewood, CA 90302

$2,500,000

$282 per ft²

12 Bed

14 Bath

8,862 Sq Ft

0.2753 Acres

Listing Office: Marcus & Millichap

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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 Agent: Neema Ahadian

License Number: 01346750

Offered by: Marcus & Millichap

Office Phone: 310-909-5500

MLS: #26866587

California Regional MLS

Date Added: 07/30/2026 12:00:00 am

Last Update: 07/31/2026 01:53:47 am

Days on Market: 2

Interior

A/C: false, None
Heating: false, None

Exterior

Parking: Parking spaces: 12

Construction

General: 2

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: INC2YY, 4001021021

Financial

Source: CRMLS_CL

Property

Year Built: 1958
Type: Multi-Family
Neighborhood: North Inglewood
Parcel #: 4001021021

07/30/2026$2,500,000@ 282 per ft²Listed

07/30/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 07/31/2026 01:53:47 am

Offered by: Neema Ahadian, 01346750, 310-909-5444 @ Marcus & Millichap

MLS: #26866587

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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1412 Centinela Avenue, Inglewood, CA 90302 is a 12 Bed, 14 Bath, 8,862 Sq Ft, 0.2753 Acres, Multi-Family built in 1958.

This property is currently available and was listed by California Regional MLS on 07/30/2026 12:00:00 am. The MLS # for the property is MLS #26866587.