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11-Unit Apartment Building with Garage
For Sale
$3,800,000
Pending

3552 S Centinela AVE, Los Angeles, CA 90066

Non-RSO multifamily property with varied unit layouts, subterranean assigned parking, and individual gas and electric metering.

Property Size10,514 SF
Days on Market49

Property Features for 3552 S Centinela AVE

General Information

Standard status Pending
Size 10,514 SF
Property subtype MULTI_FAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 9 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units 11

Additional Details

Cap Rate 5.3%

Amenities

assigned parking
community laundry
individually metered utilities

Building Details

Building Size 10,514 SF
Year Built 1987
Buildings 1
Listing Agency: Compass
Listed By: Tamas Batyi · License #02053534
Source: Benbelack
Added: Aug 13 Changed: Sep 29 Last Checked: Sep 30 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This non-RSO apartment property contains 11 units within approximately 10,514 square feet of living space. The layout includes 9 two-bedroom, two-bathroom residences and 2 one-bedroom, one-bathroom residences. Constructed in 1987, the building has a new roof and provides assigned parking in a subterranean garage along with shared laundry facilities. Gas and electric utilities are separately metered for each residence.

The property is located at 3552 S Centinela Ave in Los Angeles, within Mar Vista. Venice Beach and Downtown Culver City are minutes away. Walk Score is 91, BikeScore is 83, and Transit Score is 51. Current operating metrics include a 5.3% cap rate, with approximately 25% rental upside and a projected cap rate of up to 7% as rents reach market levels.

Key Highlights

  • 11‑unit apartment building with 9 two‑bedroom/two‑bath units and 2 one‑bedroom/one‑bath units
  • Approximately 10,514 square feet of living space; built in 1987
  • New roof and assigned parking in a subterranean garage

Property Analytics

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Current Use

Tiny Cash Payday ... Loan Service

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Food Market Building Supply Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby

Demographics for 90066, CA

55,304
Population
26,591
Households
2.1
Avg Household Size
38
Median Age
61%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
11,522
Density / Sq Mi
$107,786
Median Household Income
$67,298
Median Earnings
$2,211
Median Rent
$1,636,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Non-RSO multifamily property with varied unit layouts, subterranean assigned parking, and individual gas and electric metering.
Where is this apartment building located?
The property is located at 3552 S Centinela AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 11‑unit apartment building with 9 two‑bedroom/two‑bath units and 2 one‑bedroom/one‑bath units; Approximately 10,514 square feet of living space; built in 1987; New roof and assigned parking in a subterranean garage
More about this property
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