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

3

Building size

1,596 sqft

Lot size

5,001 sqft

Year built

1947

Stories

0

Garage spaces

2

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

34

MLS #

247582644

About this property

Exceptional Westside Investment Opportunity! Rare opportunity to acquire a triplex on the highly desirable Westside. Situated on a 5,001 square feet lot, this unique offering provides both immediate income and significant future development potential. Zoned LAR3, the property opens the door for additional units or redevelopment, making it ideal for investors and developers alike. This triplex consists of two 1-bedroom, 1-bathroom units and one studio unit. The 1-bedroom units feature private yards and individual garages and the studio features a private yard, enhancing tenant appeal and rental value. The rear unit has been recently renovated, showcasing quartz counter tops, new laminate flooring, air conditioning, and a spacious back yard, perfect for indoor-outdoor living. Additionally, the three units have their own water meters, helping reduce operating expenses and simplify utility management. Ideally located with convenient access to the Marina Freeway (California State Route 90), and just minutes from the vibrant dining and entertainment hubs of Downtown Culver City, Marina Del Rey, and Venice Beach. This is a rare chance to secure a prime Westside asset with scale, flexibility, and long-term upside. One of the 1-bedroom units and the studio will be delivered vacant and they have been completely rehabbed. The sister triplex next door is also available for sale and has a vacant studio apartment. (MLS# 4231-017-010)

Location

4239 S Centinela Avenue

Los Angeles, Los Angeles, CA, 90066