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    509 Centinela Ave Inglewood, CA 90302

    For Sale
    $1,100,000

    9,280 sq. ft. lot zoned for mixed-use development.

    Lot size:
    0.21 Acres

    Property Features for 509 Centinela Ave

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1961

    Source: Lyon Stahl Investment Real Estate, Inc. Agent Michael Millea

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Inglewood Development Opportunity

    This property features a 9,280 sq. ft. lot with R-3 zoning, situated in the TOD MU-C (Transit Oriented Development Mixed Use Corridor). The site includes a vacant 2,765 sq. ft. office building. It has 50 feet of frontage on Centinela Avenue. The property is suitable for an owner/user or an investor looking to generate rental income while planning future development. The TOD MU-C zoning allows for a variety of commercial and residential uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lou Ann Investments ... Property Management Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.3500737
    Latitude
    33.9727905

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    FAQs

    What type of property is this?
    Office building - 9,280 sq. ft. lot zoned for mixed-use development.
    Where is this office building located?
    The property is located at 509 Centinela Ave Inglewood, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 9,280 sq. ft. Street to Alley lot in a prime location.; - Zoned R-3 in TOD MU-C (Transit Oriented Development Mixed Use Corridor) allowing for diverse commercial and residential development.; - Existing 2,765 Sq. ft. vacant office building provides immediate rental income potential.
    (310) 233-2800
    Request Owner's contact information
    509 Centinela Ave Inglewood, CA 90302
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    Inglewood, CA 90302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 Centinela Ave Inglewood, CA 90302
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