$5,650,000
4980 Centinela Avenue, Los Angeles 90066
2
Beds
3
Baths
10,950
Square feet
5,858
Lot Size
12
# Of Units
Listing Agent
Susan Lau - Coldwell Banker Realty12 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.
Facts & Features
MLS® # | 23310803 |
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Price | $5,650,000 |
Bedrooms | 2 |
Bathrooms | 3.00 |
Square Footage | 10,950 |
Lot Size | 5,858 |
Year Built | 2014 |
Type | Residential Income |
Status | Active Under Contract |
# Of Units | 12 |
Community Information
Address | 4980 Centinela Avenue |
---|---|
Area | C12 - Marina Del Rey |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90066 |
Amenities
Parking Spaces | 12 |
---|---|
Parking | Private, Covered, Gated |
Garages | Private, Covered, Gated |
View | River |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer |
---|---|
Heating | Central, Wall Furnace |
Cooling | Central Air |
Has Basement | No |
Fireplace | No |
Stories | Multi/Split |
Additional Information
Date Listed | September 13th, 2023 |
---|---|
Days on Market | 249 |
Zoning | LAR3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Susan Lau |
---|---|
Office | Coldwell Banker Realty |