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1114-1116 Centinela Ave
Inglewood, CA 90302
Auto Repair · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Real Estate Purchase for $ 2.5 M; Businesses available for $350,000; Owner prefers to sell as a package 1 MILE FROM SO-FI STAGIUM
  • Double Lot in a prime La Tijera Village, $ 230/ sf LAND VALUE, 12,367 sf APN 4002-017-001, APN 4002-017-002, building size 3670 sf.
  • Perfect for owner/user or investor. Two business licenses: Auto Sales and Auto Repair sold with the business. 1 mile from SoFi Stadium
  • 2 story Office building with 2 bths downstairs and private quarter with bath & shower upstairs. Remodeled in 2008, New roof 4 years ago, 14+ parking,

PROPERTY FACTS

Property Type
Retail
Property Subtype
Vehicle Repair Garage
Property Size
3,670 sq ft
Costar Property Class
C
Year Built/Renovated
1975/2008
Tenancy
Single
Number of Floors
2
Plot ratio
0.30
Total Plot Size
0.28 ac
Use Class
INC2YY - Zoning INC2YY is intended to permit a wide range of retail and commercial services. Please verify zoning for intended use.
Parking
14 Spaces (4.05 Spaces per 1,000 sq ft Leased)
Frontage
100 ft on Centinela Avenue

AMENITIES

  • Bus Route
  • Fenced Lot
  • Signage
  • Skylights

ABOUT 1114-1116 CENTINELA AVE , INGLEWOOD, CA 90302

1114 & 1116 Centinela Avenue – Currently an auto mechanic shop with 3,670 SF of building placed on a 12,367 SF lot. The property has been significantly remodeled in 2008, interior and exterior modernizations, and secure upgrades to the property line. New roof with skylights was installed 4 years ago. Inside the garages includes 4 auto- bays with built-in lifts. Next to that is the two-story office building that allows customers to wait and check in below and the owner’s office upstairs. Plumbing throughout the property allows for 2 customer restrooms as well as an owner full 1bath with a shower upstairs. A gas storage tank was removed from the property 10 years ago at which time the property went through soil remediation which returned a clean result. In addition to the sale of the property, the opportunity to purchase the business will go hand in hand for a new owner. The business includes 2 separate licenses: 1) A rare Dealers license for used car sales, 2) An automotive repair license. Please reach out to listing agents for information regarding the sale of the business. P&L to be provided upon acceptance of PSA/LOI NOTE: 1 MILE FROM SO-FI STADIUM The subject property is minutes away from the I-405 Freeway and even closer to the new stadium construction in Inglewood. With a walk score of 90+ it is no wonder why there are so many national tenants near, some of which include: Domino’s, Popeyes, Ralphs, Starbucks, Pizza Hut, 7-Eleven, and Baskin-Robbins. While the subject property is ideal for an owner-user looking to expand an automotive business, the property also offers development potential. with a sizable frontage on Centinela, clean environmental , and in an infill area, a savvy developer will make great use of the land.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4002-017-001
  • 4002-017-002
Land Assessment
£1,227,437
Improvements Assessment
£575,361
Total Assessment
£1,802,798
  • Listing ID: 18985437

  • Date on Market: 25/03/2020

  • Last Updated:

  • Address: 1114-1116 Centinela Ave, Inglewood, CA 90302

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