4980 Centinela Avenue, Los Angeles
Los Angeles Home For Sale
12 units newly built in 2014 - No Rent Control (No RSO and No AB1482) in desirable west Los Angeles neighborhood in Marina Del Rey bordering Playa Vista, Mar Vista and Culver City. Current scheduled gross income approx. $382,320 + additional income for parking and utility reimbursements. Current GRM is 15.56 and market at 12.92 GRM; room to immediately improve rents! Current CAP is over 4%. Excellent location at the corner of Centinela Ave & Culver Dr. adjacent to Ballona Creek bike path with city, mountain and LA river views from most of the units. Desirable unit mix with eight 1bd+1ba+Loft, three 1bd + 1ba and one large studio. All units are bright, spacious & modern with its own washer/dryer inside, modern kitchens with stainless steel appliances, white quartz countertops, gray laminate floors throughout. Most units have large patios and/or balconies. Building also features large private gym, security gated parking, intercom access, elevator lift from garage to all floors and security cameras. Centrally located close to UCLA , LMU & SMC, easy access to shopping centers, restaurants and freeways. Great tenants with no back rents due and current throughout COVID.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90066
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- MLS® #:
- 23310803
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- Bedrooms:
- 2
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- Bathrooms:
- 3
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- Square Ft:
- 10,950
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- Lot Size:
- 0.13
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- Levels:
- Multi/Split
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- HOA Dues:
- $
Price Change History for 4980 Centinela Avenue, Los Angeles, (MLS® #23310803)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – | |
| Price Reduced (from $5,950,000) | $5,650,000 | $300,000 (5.04%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 12:10pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.