• Asking Price $1,618,000
  • Estimated Value: $1,638,014
  • 3777 S CENTINELA AVE LOS ANGELES, CA 90066

  • 6 Beds 4 Baths 2,436 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 3777 S CENTINELA AVE, LOS ANGELES, CA 90066

Features

  • Price/sqft: $664
  • Lot Size: 3852
  • Total Units: 4
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1930
  • Property ID: 846775387
  • MLS Number: 24-344977
  • Parcel Number: 4246-025-013
  • Property Type: Multi-family (5 or more units)
  • County: LOS ANGELES
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: RE/MAX Estate Properties 124 Washington Blvd. Marina Del Rey CA 90275
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.