3777 S Centinela Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $664
MLS Listing ID 24-344977
Style Spanish
Bedrooms 6
Year Built 1930
Lot Size 3,852 Sqft
Acres 0.0884
Property Description
The property consists of four strategically positioned units in the prime West Los Angeles (WLA) area, featuring a unit mix of two 2+1 units and two 1+1 units. Noteworthy amenities include three single-car garages at the rear, accessible through the alley, and an additional off-street parking space in the front. Each unit is equipped with individual meters, and all units have long-term tenants currently paying below-market rents. This property presents a promising opportunity for investors interested in potential development projects. Whether the focus is on adding an Accessory Dwelling Unit (ADU) or gradually adjusting rents to align with market rates, there are various avenues to leverage the property's advantageous location and potential. These strategic measures have the potential to significantly increase the property's overall value over time. However, all potential buyers need to be aware of and thoroughly investigate Los Angeles rent control regulations and restrictions before proceeding with any plans. Understanding these factors is crucial for making informed decisions in the dynamic real estate market of Los Angeles.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Natural Gas
Cooling None
Equipment None
Laundry Room
Exterior
Parking Features Detached, Driveway, Garage - 3 Car
Garage Spaces 4.0
Pool None
Waterfront Description None
View Y/N No
View None
Building
Sewer In Street
Water In Street
Architectural Style Spanish
Level or Stories Two
Structure Type Combination
Others
Special Listing Condition Standard