3745 S Centinela Avenue, Los Angeles, CA 90066

About this property

This 5 unit investment opportunity offers tangible appreciation in an excellent location. It is across the street from Mitsuwa Market center with a Chase Bank and CVS. 3 blocks away is the highly anticipated Culver Market Hall site which is in development scheduled to open in 2022. The centralized location provides easy access to Silicon Beach, Santa Monica, Culver City and Marina del Rey. The property is very well maintained with many capital improvements and will run efficiently and profitably. There are separate meters for gas & electric. The plumbing is all copper, and the exterior including stucco, eaves and fascia is in impeccable condition. The windows have been upgraded to double-glaze panes providing excellent noise abatement. The units are large and bright and there is 20% upside in current rents.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$1,942,500

Sold December 2021 · listed $1,995,000, on market October 2021 · MLS #21797972 · Source: CRMLS

Listing Agent: Keith Moret · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Patrick Sharples · Keller Williams Realty

$1,763,000

Sold August 2017 · listed $1,799,500, on market June 2017 · MLS #SB17130598 · Source: CRMLS

Listing Agent: Brice Head · Listing Office: Re/Max Commercial & Investment · Contact: 310 802-2500 · Bought with: Keith Moret · Keller Williams Beach Cities

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