3777 S Centinela Ave Active

Los Angeles,CA 90066

$ 1618000

6 Beds

4 Baths

2436 SqFt


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

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

Garage 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

Structure Type Combination

Others

Special Listing Condition Standard

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