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4320 S Centinela Ave, Los Angeles, CA 90066
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4320 S Centinela Ave Los Angeles, CA 90066

$7,725,000 Sold Price as of 09/23/2021
  • 30 Beds
  • 30 Baths
  • 21,268 Sq.Ft.
Sold
$7,725,000 Sold Price as of 09/23/2021 Refinance Your Mortgage
Map preview of 4320 S Centinela Ave, Los Angeles, CA 90066

Property Overview: 4320 S Centinela Ave Los Angeles, CA has 30 bedrooms, 30 bathrooms, 21,268 living square feet and 10,487 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4320 S. Centinela Avenue is a 15-unit apartment building located in a prime Mar Vista, CA. Built in 1990, the property consists entirely of two-bedroom, two-bathroom units. The building features a modern gray facade, private balconies, secure gated parking, controlled building access, and central air conditioning and heating. Situated just South of Washington Boulevard, the property is in close proximity to many restaurants, cafes, coffee shops, boutiques and nightlife as well as a weekly farmers market. This location provides tenants easy access to surrounding areas including Culver City, Marina Del Rey, and Venice. Additionally, the building is conveniently located near both the 405 and 90 Freeways. This area of West Los Angeles is extremely desirable and is a growing entertainment and technology hub with companies such as Amazon, Apple, Google, Sony and HBO in close proximity. This is an opportunity for an investor to capitalize on approximately 31% upside in a strong rental market.

Listed by Daniel Withers | BRE #01325901 | Matthews Real Estate Investment Services
Co-listed by Jeffrey Louks | BRE #00908473 | Marcus & Millichap
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
10,487
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21742024
City
Los Angeles
County
Los Angeles
Time on Site
1083 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,611
  • Total Rent: $39,170
  • Pro Forma/Market Rent: $44,925
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.92
  • Gross Scheduled Income: --
  • Net Operating Income: $275,670
  • Gross Operating Income: $458,267
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4320 S Centinela Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 15
  • Parcel Number: 4232023038
Location / Neighborhood
Location Information
  • Directions: On S Centinela Avenue South of W Washington Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 4320 S Centinela Ave

Last sold for $7,725,000 on September 23rd, 2021

  • July, 2021

  • Jul 28, 2021

    Date

    Pending

    CRMLS: 21742024

    $7,995,000

    Price

  • Jun 1, 2021

    Date

    Active

    CRMLS: 21742024

    $7,995,000

    Price

  • April, 1989

  • Apr 11, 1989

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4320 S Centinela Ave

Assessed Value (2020): $2,907,728
Year Land Value Improved Value Assessed Value
2020 $943,070 $1,964,658 $2,907,728

Home Value Compared to the Market

This property vs the competition

4320 S Centinela Ave sold on September 23, 2021 for 571.85% 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 $375.92 per/sqft which puts the price per square foot 50.21% lower than the current median sale per square foot for the city of Los Angeles.

About 4320 S Centinela Ave

Detailed summary of property

4320 S Centinela Ave is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 30 bedrooms, 30 bathrooms, roughly 21,268 living square feet, and sits on an approximately 10,487 square foot lot. 4320 S Centinela Ave was first listed on ArdentRealEstateGroup.com on June 1, 2021. The homeowner sold the property for $7,725,000. 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 571.85% higher than the current median priced home. Local homes that are currently for sale include 641 N Hobart Blvd, 667 S Carondelet St and 1747 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 92 days, 4320 S Centinela Ave has a days on market of 57 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 4320 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 4320 S Centinela Ave

Public county record property details
Beds
--
Baths
--
Year built
1990
Sq. Ft.
21,268
Lot Size
10,486
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
163
APN
4232-023-038

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.
$1,002
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
116
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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(714) 706-1823

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Recently Sold Homes Near 4320 S Centinela Ave

4206 S Centinela Ave, Los Angeles, CA 90066
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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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