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2532 S Centinela Ave, Los Angeles, CA 90064
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2532 S Centinela Ave Los Angeles, CA 90064

$3,827,580 Sold Price as of 06/28/2022
  • 12 Beds
  • 12 Baths
  • 5,912 Sq.Ft.
Sold
$3,827,580 Sold Price as of 06/28/2022 Refinance Your Mortgage
Map preview of 2532 S Centinela Ave, Los Angeles, CA 90064

Property Overview: 2532 S Centinela Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 5,912 living square feet and 5,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Do not miss out on this great investment opportunity located in the West LA region. This property is right next to the Santa Monica city border however it is still in the LA city jurisdiction. This building is not subject to rent control. Do not miss out on this opportunity! Property will be sold in AS-IS condition.

Listed by Frederick Okuda | BRE #02073148 | ADW Management USA, Inc.
Last checked: 10 minutes ago | Last updated: June 30th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,485
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
SB22087881
City
Los Angeles
County
Los Angeles
Time on Site
737 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,720
  • Total Rent: $2,720
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,710
  • Total Rent: $2,710
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,090
  • Total Rent: $2,090
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,710
  • Total Rent: $2,710
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.46%
  • Gross Rent Multiplier: 16.23
  • Gross Scheduled Income: $215,160
  • Net Operating Income: $127,776
  • Gross Operating Income: $208,705
  • Vacancy Allowance: $6,455
  • # of Rented Garages: 0
  • Laundry Income: $50
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $80,929
  • Electric: $1,086
  • Gas/Fuel: $1,845
  • Licenses: $0
  • New Taxes: $47,448
  • Trash: $6,772
  • Gardener: $1,200
  • Insurance: $3,028
  • Maintenance: $5,000
  • Professional Management: $8,348
  • Water/Sewer: $4,577
  • Other Expenses: $1,000
  • Other Expense Description: Reserve

Property Details for 2532 S Centinela Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 4257024143
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East on Ocean Park Blvd and North on S Centinela Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2532 S Centinela Ave

Last sold for $3,827,580 on June 28th, 2022

  • June, 2022

  • Jun 28, 2022

    Date

    Sold

    CRMLS: SB22087881

    $3,827,580

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22087881

    $3,690,000

    Price

  • October, 2016

  • Oct 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

  • December, 2015

  • Dec 7, 2015

    Date

    Sold (Public Records)

    Public Records

    $2,800,000

    Price

Show More

Tax History for 2532 S Centinela Ave

Assessed Value (2020): $3,608,106
Year Land Value Improved Value Assessed Value
2020 $2,971,382 $636,724 $3,608,106

Home Value Compared to the Market

This property vs the competition

2532 S Centinela Ave sold on June 28, 2022 for 210.08% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $624.15 per/sqft which puts the price per square foot 17.33% lower than the current median sale per square foot for the city of Los Angeles.

About 2532 S Centinela Ave

Detailed summary of property

2532 S Centinela Ave is a apartment that recently sold in Los Angeles, CA 90064. This apartment offered 12 bedrooms, 12 bathrooms, roughly 5,912 living square feet, and sits on an approximately 5,485 square foot lot. 2532 S Centinela Ave was first listed on ArdentRealEstateGroup.com on May 2, 2022. The homeowner sold the property for $3,827,580. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 210.08% higher than the current median priced home. Local homes that are currently for sale include 1833 Benecia Ave, 12420 Greene Ave and 3544 Vinton Ave. While the average home in Los Angeles, CA is selling in 94 days, 2532 S Centinela Ave has a days on market of 22 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2532 S Centinela Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2532 S Centinela Ave

Public county record property details
Beds
12
Baths
12
Year built
1989
Sq. Ft.
5,912
Lot Size
5,485
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
27,28
APN
4257-024-143

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,849,000
Median List Price/Sq.Ft.
$1,005
Median Sold Price
$1,521,000
Median Sold Price/Sq.Ft.
$976
Total Inventory
63
Median Sale to List Price %
101.4%
Avg Days on Market
37
Loan Type
Conventional (14.29%), FHA (4.76%), VA (0%), Cash (0%), Other (9.52%)

Thinking of Selling?

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(714) 706-1823

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2452 S centinela Ave, Los Angeles, CA 90064
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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