Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3632 Centinela Ave Los Angeles, CA 90066-3124

    • Apartment buildings
    • 6,200 SF
    • 0.21 lot acres
    OFF-MARKET
    Last Sale
    Apr 08, 2021
    $2,200,000
    Value Estimations
    $2,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0271120
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 3632 Centinela Ave

    Year built
    1944
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    6,200 SF
    Zone code
    LARD1.5
    Property type
    Apartment buildings
    APN
    4248-026-006
    APU
    4248026006

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,870,000
      ML approach
      $1,940,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,571,000
      Market price range: $1.16M - $2.57M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,955,000
      Current use
      AUTO REPAIR, GARAGE
      $3,370,000
      Change: +72% Conversion: Difficult
      OFFICE BUILDING
      $3,110,000
      Change: +59% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,955,000
      Change: +51% Conversion: Moderate
      MEDICAL BUILDING
      $2,825,000
      Change: +44% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,625,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $2,545,000
      Change: +30% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.436
    Latitude
    34.0073
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,325
    $1,706,743
    $796,478
    $2,503,221
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      Los Angeles, CA 90066

      APARTMENT HOUSE (5+ UNITS)
      Los Angeles, CA 90066
      View Details
    • Value Estimation
      $3,690,000
      190,953 SF

      3450 Sawtelle Blvd

      APARTMENT HOUSE (5+ UNITS) • 190,953 SF
      3450 Sawtelle Blvd, Los Angeles, CA 90066-2142
      View Details
    • Value Estimation
      $3,530,000
      89,145 SF

      3101 Sawtelle Blvd

      APARTMENT HOUSE (5+ UNITS) • 89,145 SF
      3101 Sawtelle Blvd, Los Angeles, CA 90066-1414
      View Details
    • Value Estimation by Request
      7,600 SF

      11801 Courtleigh Dr

      APARTMENT HOUSE (5+ UNITS) • 7,600 SF
      11801 Courtleigh Dr, Los Angeles, CA 90066-6393
      View Details
    • Value Estimation by Request
      6,300 SF

      12726 Matteson Ave

      APARTMENT HOUSE (5+ UNITS) • 6,300 SF
      12726 Matteson Ave, Los Angeles, CA 90066-4223
      View Details
    • Value Estimation by Request
      5,742 SF

      3989 Meier St

      APARTMENT HOUSE (5+ UNITS) • 5,742 SF
      3989 Meier St, Los Angeles, CA 90066-4183
      View Details

    Similar Nearby for Sale

    • $850,000

      Los Angeles Condo with Loft

      Charming 2-bedroom condo with loft in prime Los Angeles location.
      11831 Courtleigh Dr, Los Angeles, CA 90066
      View Details
    • Contact for pricing

      Culver City Multifamily Investment Opportunity

      Six units with parking in a desirable Westside location.
      12510 Washington Pl, Culver City, CA 90066
      View Details
    • $2,650,000
      7,020 SF

      Los Angeles Multifamily Investment Opportunity

      10-unit apartment building in Palms/Mar Vista with rental upside.
      3420 Federal Ave, Los Angeles, CA 90066
      View Details
    • $2,300,000
      6,490 SF

      Mar Vista Multifamily Investment Opportunity

      Prime 8-unit property in Mar Vista with value-add potential.
      4035 Inglewood Blvd, Los Angeles, CA 90066
      View Details
    • $3,650,000
      7,548 SF

      Culver City Multifamily Investment Opportunity

      Rare 10-unit multifamily property in desirable Culver City jurisdiction.
      12592 Washington Pl, Los Angeles, CA 90066
      View Details
    • $995,000

      Turnkey Duplex Near Marina Del Rey

      One story duplex near Marina Del Rey with updated unit.
      4962 S Centinela Ave, Los Angeles, CA 90066
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,122 SF

      Two-Level Townhome with Private Entrance

      Two-level townhome featuring hardwood floors, remodeled kitchen, and tandem parking.
      3844 Wasatch Ave, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      2,360 SF

      Retail Space Available For Lease

      Retail space available for lease in Los Angeles, CA.
      12740 Culver Blvd, Los Angeles, CA 90066
      View Details
    • $1.95 SF/Yr
      48,100 SF

      Office Space with Open Floor

      Office space featuring open floor plans and ample parking.
      5301 Beethoven St, Los Angeles, CA 90066
      View Details
    • $3 SF/Yr
      700 SF

      Retail/Office Space on Corner Lot

      Small retail or office space suitable for various businesses.
      11706 Culver Blvd, Los Angeles, CA 90066
      View Details
    • Contact for pricing

      Leased Warehouse Property

      100% leased warehouse and industrial property in Los Angeles.
      12509-12511 Beatrice St, Los Angeles, CA 90066
      View Details
    • Contact for pricing
      34,777 SF

      Office Space for Lease

      Available office space in Los Angeles, CA.
      5340 Alla Rd, Los Angeles, CA 90066
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3632 Centinela Ave
    Los Angeles, CA 90066-3124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.