3777 Centinela Avenue, Los Angeles
Los Angeles Home For Sale
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.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90066
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- MLS® #:
- 24344977
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- Bedrooms:
- 6
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- Bathrooms:
- 4
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- Square Ft:
- 2,436
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- Lot Size:
- 0.09
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- Levels:
- Two
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2024 at 10:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.