2532 South Centinela Avenue

Los Angeles, CA 90064

$3,827,580
Last Sold Price
12
Beds
12
Baths
5,912 Sq. Ft.
$647 / Sq. Ft.
5,912
Sq. Ft.
$647
per Sq. Ft.

Description

Do not miss out on this great investment opportunity located in the West LA region. This property is right next to the Santa Monica city border however it is still in the LA city jurisdiction. This building is not subject to rent control. Do not miss out on this opportunity! Property will be sold in AS-IS condition.Do not miss out on this great investment opportunity located in the West LA region. This property is right next to the Santa Monica city border however it is still in the LA city jurisdiction. This building is not subject to rent control. Do not miss out on this opportunity! Property will be sold in AS-IS condition.
  1. Listed by Frederick Okuda • DRE #02073148 • Brokerage DRE #01944598 • ADW Management USA, Inc.

Property Details for 2532 South Centinela Avenue

Parking Spaces Total
12
Private Pool
No
Cooling Type
Central Forced Air
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5912
Assessor Parcel Number
4257-024-143

Location

Listing Courtesy of ADW Management USA, Inc., Frederick Okuda, DRE #02073148

Sold By RE/MAX ESTATE PROPERTIES, Terri A. Davis, DRE #01036184

Add your commute
LISTING UPDATED: 06/30/2022 07:13 AM

Property Details for 2532 South Centinela Avenue

StatusClosed
MLS #SB22087881
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
CountyLos Angeles County

Location

Listing Courtesy of ADW Management USA, Inc., Frederick Okuda, DRE #02073148

Sold By RE/MAX ESTATE PROPERTIES, Terri A. Davis, DRE #01036184

Add your commute

Building Information for 2532 South Centinela Avenue

Building/Complex2532 S Centinela AveFloor-Stories3Residences-Pet Policy-Year Built1989Building Size-

Payment Calculator

$24,878 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,889

Property Taxes

$3,989

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2532 South Centinela Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $215,160
  • Gross Scheduled Income: $215,160
  • Vacancy Allowance: 6455
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $208,705
  • Net Operating Income: $127,776
  • Number Of Rented Garages: 0
  • Laundry Income: $50
  • Gross Multiplier: 16.23
  • Cap Rate: 3.46
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $80,929
  • Operating Expense Percent: 38.00%
  • New Taxes Expense: $47,448
  • Gardener Expense: $1,200
  • Fuel Expense: $1,845
  • Licenses Expense: $0
  • Pest Control Expense: $624
  • Electric Expense: $1,086
  • Insurance Expense: $3,028
  • Maintenance Expense: $5,000
  • Maintenance Percent: 2.40%
  • Professional Management Expense: $8,348
  • Other Expense: $1,000
  • Other Expense Description: Reserve
  • Trash Expense: $6,772
  • Water Sewer Expense: $4,577
  • Total Expenses: $80,929
Tax / Assessment Info
  • Tax Tract Number: 7782
  • Tax Census Tract: 2713.00
  • CFD/Mello-Roos Fee: $987
  • Tax Lot: 27
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Range
  • Equipment: Laundry Area
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Vinyl
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 12
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,710
  • Unit Type Total Rent: $2,710
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,720
  • Unit Type Total Rent: $2,720
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,710
  • Unit Type Total Rent: $2,710
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,090
  • Unit Type Total Rent: $2,090
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 2532 South Centinela Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2532 South Centinela Avenue

Taxable ValueLand$2,884,131Additions$1,020,000Total$3,904,131
Tax Record2023$47,867 ($3,989 / month)
Home Facts
Total Finished SqFt5,912 SqFtAbove Grade Finished SqFt5,912 SqFtLot Size5,485 SqFtStyleMulti-Family Res (5+ Units)Year Built1989ZoningLAR3CountyLOS ANGELESAPN4257-024-143

Schools near 2532 South Centinela Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Public - K to 5
Rating
School
Distance
Nora Sterry Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Richland Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ADW Management USA, Inc., Frederick Okuda, DRE #02073148

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.