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3777 S Centinela Ave, Los Angeles, CA 90066
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3777 S Centinela Ave Los Angeles, CA 90066

$1,618,000
  • 6 Beds
  • 4 Baths
  • 2,436 Sq.Ft.
For Sale
$1,618,000 Get Pre-Qualified
Map preview of 3777 S Centinela Ave, Los Angeles, CA 90066

Property Overview: 3777 S Centinela Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,436 living square feet and 3,852 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Ian Hale | BRE #01120121 | RE/MAX ESTATE PROPERTIES
Last checked: 5 minutes ago | Last updated: January 16th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
3,852
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24344977
City
Los Angeles
County
Los Angeles
Time on Site
111 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 38.5
  • Gross Scheduled Income: --
  • Net Operating Income: $31,710
  • Gross Operating Income: $40,740
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3777 S Centinela Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
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 Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Three Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 4246025013
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Venice Bl. South of McCunne
View more facts & features

Local Los Angeles Agent

Sale History for 3777 S Centinela Ave

Last sold for $200,000 on February 15th, 2000

  • January, 2024

  • Jan 8, 2024

    Date

    Active

    CRMLS: 24344977

    $1,618,000

    Price

  • February, 2000

  • Feb 15, 2000

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

Show More

Tax History for 3777 S Centinela Ave

Assessed Value (2020): $281,056
Year Land Value Improved Value Assessed Value
2020 $154,583 $126,473 $281,056

Home Value Compared to the Market

This property vs the competition

3777 S Centinela Ave is listed 30.91% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $664.2 per/sqft which puts the price per square foot 14.07% lower than the median price per square foot for the city of Los Angeles.

About 3777 S Centinela Ave

Detailed summary of property

3777 S Centinela Ave is a multi family located in Los Angeles, CA 90066 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 2,436 living square feet, and sits on an approximately 3,852 square foot lot. 3777 S Centinela Ave was first listed on ArdentRealEstateGroup.com on January 10, 2024. The homeowner is currently asking $1,618,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 30.91% higher than the median priced home. Local competing homes currently for sale include 2026 Federal Ave, 9501 National Blvd and 8430 Fordham Rd. While the average home in Los Angeles, CA is selling in 96 days, 3777 S Centinela Ave has a days on market of 94 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3777 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 3777 S Centinela Ave

Public county record property details
Beds
6
Baths
4
Year built
1930
Sq. Ft.
2,436
Lot Size
3,851
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41,42
APN
4246-025-013

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
$2,149,000
Median List Price/Sq.Ft.
$1,014
Median Sold Price
$1,925,000
Median Sold Price/Sq.Ft.
$1,050
Total Inventory
110
Median Sale to List Price %
104.05%
Avg Days on Market
27
Loan Type
Conventional (17.39%), FHA (0%), VA (0%), Cash (0%), Other (13.04%)

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Recently Sold Homes Near 3777 S Centinela Ave

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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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