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5557 Centinela Ave Los Angeles, CA 90066-6941

OFF-MARKET Retail space Google Maps
1,000 SF 0.06 ac lot Built 1953
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US10-0255735

Property summary

AI-generated overview

This exceptional Los Angeles office building presents a unique investment opportunity. Located at 5557 S Centinela Ave, in the 90066 zip code, this property boasts a prime location at the gateway to Playa Vista's thriving tech hub. The single-story, 1,000 square foot building sits on a 5,009 square foot lot (APN: 4211-003-062, 4211-003-061) and is zoned LAC3. The asking price is $2,300,000, translating to $2,300 per square foot. This traditional office space includes an attached warehouse, making it ideal for a variety of uses. Its strategic location benefits from high visibility and significant traffic, with a reported 20,841 vehicles daily at the adjacent Jefferson Blvd/Centinela Ave intersection. This is one of three adjacent properties available for sale, offering a combined approximately 22,822 square feet of land and approximately 4,012 square feet of building space. This presents a compelling opportunity for developers seeking a foothold in a rapidly growing area. The property's location offers excellent access to major transportation arteries and is situated within close proximity to the vibrant Playa Vista community. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction WOOD
Total area 1,000 SF
Lot 0.06 ac (2,503 SF)
Zoning code LCC3*
APN 4211-003-062
UPID US10-0255735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2009
3 recorded transactions
2009
Price N/A
1998
$375,000
1964
$17,500

Zoning & alternative use

LCC3* · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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