3777 S Centinela Avenue

Los Angeles, CA 90066

$1,618,000

List Price

6

bed Beds

4

shower Baths

2,436 sqft

straighten / sqft

1930

calendar_month Built

Property Description

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.

Listing Information

List Price $1,618,000
Status Active
MLS 24344977
Type Residential Income
Year Built 1930
Lot Size 3,852
Structure Size 2,436
DOM 264
Courtesy Of RE/MAX ESTATE PROPERTIES
Listing Agent Ian Hale DRE#01120121

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Ian Hale, RE/MAX ESTATE PROPERTIES . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.