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3739 S Centinela Ave, Los Angeles, CA 90066
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3739 S Centinela Ave Los Angeles, CA 90066

$1,700,000 Sold Price as of 08/24/2023
  • 20 Beds
  • 20 Baths
  • 4,182 Sq.Ft.
Sold
$1,700,000 Sold Price as of 08/24/2023 Refinance Your Mortgage
Map preview of 3739 S Centinela Ave, Los Angeles, CA 90066

Property Overview: 3739 S Centinela Ave Los Angeles, CA has 20 bedrooms, 20 bathrooms, 4,182 living square feet and 4,522 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The seller wants this SOLD. Attention investors!! We are pleased to present 3739-3741 S Centinela Ave, a 4-unit multi-family investment property located in the sought-after, desirable Marina Del Rey location. This complex consists of 2 buildings and an extremely rare unit mix not normally found in this area. This rare unit mix comprises two 2 Bedroom 2 Bathroom units, approximately 1,158 SQFT, and two 2 Bedroom 2 Bathroom units, approximately 1,152 SQFT. Each unit comes equipped with its own washer and dryer, allowing residents the convenience of in-unit laundry. Gated, off-street, 2-car tandem parking gives residents peace of mind, and there is plenty of street parking for residents' guests. That's not all that makes this investment opportunity so special! Located in the beautiful Mar Vista. Residents will find themselves in foodie heaven with many top-notch restaurants, grocery stores, and farmer's markets close by. The property is 0.1 miles from Venice Blvd., where residents will find all the conveniences and amenities they desire, such as gyms, dry cleaning, bowling, and more. If residents need to venture further freeway access is close. The most enticing feature of this location is its close proximity to The Marina, Venice Beach, Santa Monica Pier, and Santa Monica Airport, all less than 5 miles from the property. Residents enjoy waking up to the sound of waves crashing on the shore, the salty sea breeze, and stunning views of the Pacific Ocean.

Listed by Kim Camaratta | BRE #01456884 | eXp Realty of Southern California, Inc.
Last checked: 15 minutes ago | Last updated: August 28th, 2023 | Source CRMLS | DOM: 138

Home details

Lot Sq. Ft
4,522
HOA Dues
$0/mo
Year built
1985
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
23246615
City
Los Angeles
County
Los Angeles
Time on Site
424 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 1.66%
  • Gross Rent Multiplier: 31
  • Gross Scheduled Income: --
  • Net Operating Income: $41,915
  • Gross Operating Income: $81,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3739 S Centinela Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Electric
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Cooktop, Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Firewall(s), Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Covered, Private, Gated
Property Information
  • Total # of Units: 4
  • Parcel Number: 4246024024
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Centinela Ave. between National and Venice Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 3739 S Centinela Ave

Last sold for $1,700,000 on August 24th, 2023

  • August, 2023

  • Aug 24, 2023

    Date

    Sold

    CRMLS: 23246615

    $1,700,000

    Price

  • Feb 24, 2023

    Date

    Active

    CRMLS: 23246615

    $2,530,000

    Price

Tax History for 3739 S Centinela Ave

Assessed Value (2020): $672,507
Year Land Value Improved Value Assessed Value
2020 $70,011 $602,496 $672,507

Home Value Compared to the Market

This property vs the competition

3739 S Centinela Ave sold on August 24, 2023 for 76.47% 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 $502.15 per/sqft which puts the price per square foot 33.49% lower than the current median sale per square foot for the city of Los Angeles.

About 3739 S Centinela Ave

Detailed summary of property

3739 S Centinela Ave is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 20 bedrooms, 20 bathrooms, roughly 4,182 living square feet, and sits on an approximately 4,522 square foot lot. 3739 S Centinela Ave was first listed on ArdentRealEstateGroup.com on March 7, 2023. The homeowner sold the property for $1,700,000. 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 76.47% higher than the current median priced home. Local homes that are currently for sale include 8430 Fordham Rd, 8664 Cadillac Ave and 1952 S Corning St. While the average home in Los Angeles, CA is selling in 96 days, 3739 S Centinela Ave has a days on market of 138 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 3739 S Centinela Ave Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3739 S Centinela Ave

Public county record property details
Beds
8
Baths
8
Year built
1985
Sq. Ft.
4,182
Lot Size
4,522
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
4246-024-024

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,014
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
104
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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