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Image 1 - 4980 S Centinela Ave, Los Angeles, California, 90066 - House for sale
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Home For Sale In Los Angeles, California
4980 S Centinela Ave, Los Angeles, California, 90066

Home For Sale In Los Angeles, California

house for sale
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Listed: 06/13/24

4980 S Centinela Ave, Los Angeles, California, 90066

12 Bed:
23 Bath:
10,950 Sq Ft Living Area:
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Price
$ 5,65M

About This House

12 units newly built in2014 -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. $382, 320 + additional income for parking and utility reimbursements. Current GRM is 15.56 and market at12.92 GRM; room to immediately improve rents! Current CAP is over 4%. Excellent location at the corner of Centinela Ave and 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 and modern with its own washer/dryer inside, modern …  Full description

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Santa Monica Housing & Living

Average sale prices for houses

2 bed
3 bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Santa Monica, United States averaged $1,722,333, an increase of 0.4% from the previous month.
Median price trends for properties for sale in Santa Monica, United States as of May 2024.

Household Income

Median household income: $86,084
Number of households: 46,358
The average household income in Santa Monica, CA grew from $82,123 to $86,084 in the past year. This data is an estimate based upon 46,358 households in Santa Monica, CA.
The chart below presents how household income is distributed in Santa Monica, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Monica, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Monica, CA equals $3k+ , which is more than the national average.