4980 South Centinela Avenue
4980 South Centinela Avenue
$5,650,000
12
23
10,950
10,950
$516
Active Under Contract
Description
12 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,...12 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.
- Listed by Susan Lau • DRE #01516710 • Brokerage DRE #01464847 • Coldwell Banker Realty
- Listed by Eric Sackler • DRE #01057377 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 4980 South Centinela Avenue
Zoning
LAR3
Parcel Number4221021044
Total Units12.0
Living Area10950
Source Living AreaAppraiser
AreaMarina Del Rey (C12)
Vacancy Rate0%
Lot Size Area5858
Location
LISTING UPDATED: 04/02/2024 10:54 AM
Property Details for 4980 South Centinela Avenue
Status | Active Under Contract |
---|---|
MLS # | 23-310803 |
Days on Market | 203 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2014 |
Lot Size | 0.13 AC / 5,858 SF |
County | Los Angeles County |
Location
Building Information for 4980 South Centinela Avenue
Stories-Residences-Year Built2014Building Size-Lot Size0.13 AC / 5,858 SF
Payment Calculator
$37,076 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4980 South Centinela Avenue
Property History for 4980 South Centinela Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4980 South Centinela Avenue
Taxable ValueLand$4,915,421Additions$1,228,854Total$6,144,275
Tax Record2023$74,907 ($6,242 / month)
Home Facts
Total Finished SqFt7,340 SqFtAbove Grade Finished SqFt7,340 SqFtLot Size5,858 SqFtStyleMulti-Family Res (5+ Units)Year Built2013ZoningLAR3CountyLOS ANGELESAPN4221-021-044
Schools near 4980 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 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Braddock Drive Elementary School PublicK to 5 | ||
Marina Del Rey Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts 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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