Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

2,723 sqft

Lot size

7,568 sqft

Year built

1939

Stories

0

Status

Active

Days on market

163

MLS #

244229769

About this property

FRONT ONE-BEDROOM UNIT WILL BE VACANT ON JULY 31ST - PERFECT OWNER-OCCUPIED OPPORTUNITY We are 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 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.

Location

1453 Centinela Avenue

Santa Monica, Los Angeles, CA, 90404