12 units newly built in 20 ..." />

Main Content

4980 S Centinela Ave, Los Angeles, CA 90066

4980 Centinela Ave
4980 Centinela Ave
4980 Centinela Ave
4980 Centinela Ave
4980 Centinela Ave

Property Details

Beds12 Baths12 Garage0 Lot Size5,858 sq. ft
Year2014 MLS #23-310803 Bldg Size10,950 sq. ft

Property 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, 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.

Property Type Multi-Family

Property Status: Under Contract

Property Features

Units 12 Units

Please fill out the form to download the PDF file.


    4980 S Centinela Ave, Los Angeles, California 90066

    google maps for web

    Interested In This Property?