4231 S Centinela Avenue, Los Angeles, CA 90066

$1,235,000
3
BD
3
BA
1,596
SqFt

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List Price
$1,235,000
Price Change
▼ $64,000 1781403641
Status
ACTIVE
MLS#
26732661
Year Built
1947
Bedrooms
3
Bathrooms
3
Living Sq. Ft
1,596
Lot Size
5,001
Acres
0.11
Days on Market
79
Property Type
Multifamily
Stories
One Level

Property Description

Exceptional Westside Investment Opportunity! Rare opportunity to acquire two side-by-side triplexes on the highly desirable Westside, offered together to create a 6-unit compound (see sister triplex MLS #26710245). Situated on a combined lot exceeding 10,000 square feet, this unique offering provides both immediate income and significant future development potential. Zoned LAR3, the property opens the door for additional units or redevelopment, making it ideal for investors and developers alike. Even better, each parcel qualifies for conventional 30-year fixed-rate financing, offering flexibility rarely found in multi-unit acquisitions of this scale. Each triplex consists of two 1-bedroom, 1-bathroom units and one studio unit. The 1-bedroom units feature private yards and individual garages, enhancing tenant appeal and rental value. The rear unit has been recently renovated, showcasing quartz countertops, new laminate flooring, air conditioning, and a spacious upgraded deck, perfect for indoor-outdoor living. The studio unit is currently vacant, providing immediate upside potential for owner-users or investors seeking to set market rents. Additionally, each 1-bedroom unit has its own water meter, helping reduce operating expenses and simplify utility management.Ideally located with convenient access to the Marina Freeway (California State Route 90), and just minutes from the vibrant dining and entertainment hubs of Downtown Culver City, Marina Del Rey, and Venice Beach. This is a rare chance to secure a prime Westside asset with scale, flexibility, and long-term upside.

Additional Information

Appliances
Disposal, Refrigerator
Heat
Floor Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Victor Gonzalez (victor@hrela.com) from Listing Office: Horizon Real Estate Management Group.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.