Centinela Mixed-Use Corner Assemblage
Retail | 8.16% CAP | 5,351 SqFt
Marketing description
Discover a rare mixed-use commercial assemblage in the heart of Inglewood’s rapidly growing Centinela corridor. Offered together, 1692 & 1696 Centinela Ave total 5,351 SF of building area on a 6,001 SF lot, featuring a blend of retail, showroom, office, storage, and residential space — ideal for investors, owner-users, or developers seeking a flexible income-producing asset with future upside.
1692 Centinela Ave (3,673 SF) offers a versatile ground floor with multiple commercial configurations, including retail, office, and storage, plus a 2-bedroom, 1-bath apartment on the second level that provides additional rental income or owner-user occupancy.
1696 Centinela Ave (1,678 SF) features a prominent storefront/showroom, office areas, storage rooms, and four bathrooms, supporting a range of business uses and tenant needs.
The properties benefit from strong street presence, secure gated parking, multiple access points, 24 ft of frontage, skylights, signage opportunities, and flexible mixed-use zoning (INC2YY) that supports retail, office, and residential uses. Currently 100% occupied with stable income, the assemblage offers multiple pathways for value enhancement, creative repositioning, or long-term hold.
Located minutes from major thoroughfares, SoFi Stadium, LAX, and Inglewood’s vibrant commercial activity, this is a unique opportunity to acquire two contiguous buildings in an emerging market with significant long-term growth potential.
Investment highlights
Two contiguous mixed-use commercial buildings totaling 5,351 SF
Rare assemblage ideal for investors, owner-users, or future redevelopment
100% occupied with stable cash flow
Versatile layouts including retail, showroom, office, storage, and residential
1692 includes a 2-bedroom, 1-bath apartment offering additional rental income
1696 features showroom/retail, office space, 4 bathrooms, and ample storage
INC2YY zoning allows for commercial, office, retail & residential uses
Secure on-site parking with 7 total spaces
Prominent 24 ft frontage on Centinela Ave with strong traffic counts
Multiple storage rooms, skylights, signage potential, and roof terrace
Located in Inglewood’s fast-growing commercial corridor near SoFi Stadium, LAX & major transit routes
Excellent long-term hold opportunity with multiple exit strategies
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