4980 S Centinela Ave

Marina del Rey, Los Angeles, CA 90066

Multi Family Townhouse

Property Description

PRICE IMPROVEMENT! 12 units newly built in 2014 - No Rent Control (No RSO and No AB1482) in desirable west Los Angeles neighborhood in Marina Del Rey bordering Playa Vista, Mar Vista and Culver City. Current scheduled gross income approx. $374,000 + additional income for parking and utility reimbursements. Current GRM is 17.2 and market at 15.61 GRM; room to immediately improve rents! Excellent location at the corner of Centinela Ave & Culver Dr. adjacent to Ballona Creek bike path with city, mountain and LA river views from most of the units. Desirable unit mix with eight 1bd+1ba+Loft, three 1bd + 1ba and one large studio. All units are bright, spacious & modern with its own washer/dryer inside, modern kitchens with stainless steel appliances, white quartz countertops, gray laminate floors throughout. Most units have large patios and/or balconies. Building also features large private gym, security gated parking, intercom access, elevator lift from garage to all floors and security cameras. Centrally located close to UCLA , LMU & SMC, easy access to shopping centers, restaurants and freeways. Great tenants with no back rents due and current throughout COVID.
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  • Interior
    10,950 Sq Ft.
  • Exterior
    .13 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
  • MLS/Listing ID


  • Central Air Conditioning
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  • Air Conditioning
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Listing Courtesy of Coldwell Banker Realty, Susan Lau - 01516710 - 213-220-5466 and Eric Sackler - 01057377 - 310-979-4990