We thrilled to offer an exclusive opportunity to acquire 1453 Centinela Avenue, a beautiful gated 4-Unit Apartment building located in the Mid-City Submarket of Santa Monica. Built in 1939, 1453 Centinela Avenue has been well managed with quality renovations within each unit while still maintaining its vintage character. The opportunity… Read More sits on a 7,566 Square Feet lot with a total of Two Structures. The front Duplex contains (2) One Bedroom One Bathroom units while the back Duplex consists of (1) Two Bedroom One Bathroom unit and (1) One Bedroom One Bathroom unit. Additionally, there is an additional living space within the back structure that has the possibility to be converted to an ADU. This is a studio styled space with a wet bar, bathroom, and is separately metered. Lastly, the property contains (4) one car garages on site that could provide additional value add ability, buyer to verify. Conveniently located just south of Santa Monica Blvd, tenants of 1453 Centinela Avenue have no shortage of things to do. From vibrant nightlife to an ample selection of fine dining, daily necessities, and retail amenities. Providing easy access to all that Santa Monica has to offer as well as seamless transit to the surrounding West Los Angeles area. 1453 Centinela Avenue offers a unique opportunity to traditional or owner-occupied investors to acquire a quality asset with the opportunity to capitalize on additional value that can be added. Read Less
Property listed by CBRE, John Boyett
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,123
Lot Size
0.17 Acres
Year Built
1939
MLS Number
25519829
30 Days Snapshot Of 90404
$1,336k
+8%
(avg) sold price
6
+20%
homes sold
72
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1939, Building area total: 3,123, Levels: One, Living area: 3123, 1 story, 2 buildings
Community
Gated
Income
Gross income: $125,847, Net operating income: $98,852
Lot
0.1737 acres, 7,568 square feet, Size: 7,568
Property
Zoning: SMR2*
Security Features
GatedCommunity, KeyCardEntry
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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