3552 S Centinela Avenue, Los Angeles, CA 90066
Local realty services provided by:ERA Excel Realty
3552 S Centinela Avenue,Los Angeles, CA 90066
$3,800,000
- - Beds
- - Baths
- 10,514 sq. ft.
- Multi-family
- Active
Listed by: tamas batyi
Office: compass310-241-3038
MLS#:SB26178268
Source:CRMLS
Price summary
- Price:$3,800,000
- Price per sq. ft.:$361.42
About this home
Exceptional opportunity to acquire a non-RSO, 11 unit apartment building comprised of 9 2-bedroom/2-bathroom units, and 2 one-bedroom/one-bath units, originally built in 1987 and totaling approximately 10,514 square feet of living space. The property currently offers an attractive 5.3% cap rate, with approximately 25% rental upside, presenting investors with the potential to achieve a projected cap rate of up to 7% as rents are brought to market levels. Amenities include assigned parking in a subterranean garage, community laundry facilities, and individually metered gas and electric utilities. The building has also benefited from recent capital improvements such as brand new roof, enhancing the property's condition and reducing near-term maintenance requirements. Ideally located in the heart of Mar Vista, just minutes from Venice Beach and Downtown Culver City.
With strong rental demand, significant rental upside, and a highly desirable central location, this asset presents a compelling opportunity for investors seeking both stable current income and long-term value growth in one of Los Angeles’ most dynamic rental markets....
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Home facts
- Year built:1987
- Listing ID #:SB26178268
- Added:1 day(s) ago
- Updated:August 14, 2026 at 08:36 PM
Rooms and interior
- Living area:10,514 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:1987
- Building area:10,514 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Rectangular Lot
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$361.42
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:20
- Garage:Yes
- Garage spaces:20
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