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4852 S Centinela Ave - 4852-4854 S Centinela Avenue 2 Unit Apartment Building Offered at $1,399,995 at a 4.99% Cap Rate Los Angeles, CA 90066
Investment Highlights
- Abundant Natural Light
- Separate Entrances
- Stainless Steel Appliances
- Wood Flooring
- Three Off-Street Parking Spaces
- Ecobee Thermostats & Keypad Entry Locks
Executive Summary
Prime Del Rey Duplex (Delivered Vacant!) Ideal for Owner-Occupants and/or Investors.
Don't miss this incredible opportunity to own a versatile income-generating property at the heart of Del Rey. Situated on a desirable corner just moments from popular dining, shopping, and entertainment options, this charming duplex offers modern comfort, convenience, and curb appeal in one of West L.A.'s most sought-after rental markets.
The front unit is a beautifully renovated 2-bedroom, 2-bathroom home featuring an open-concept layout, dual entry doors, wood flooring, a neutral color palette, and abundant natural light. The spacious kitchen boasts stainless steel appliances, a gas range, dishwasher, and generous cabinetry, while the adjoining dining area creates a seamless flow for entertaining. Each bedroom includes ample closet space, and the convenience of in-unit laundry and central A/C adds to the comfort. Step outside to your own private outdoor retreat, exclusive to the front unit, complete with a cozy patio enclosed by privacy hedges and a hot tub perfect for relaxing or entertaining under the stars.
The rear 1-bedroom, 1-bathroom unit mirrors the same elevated aesthetic with a functional, flowing floor plan, including its own washer & dryer, central heat & air, and stainless-steel appliances, perfect for a variety of living arrangements. Additional amenities include 3 off-street parking spaces, custom window treatments, tankless water heaters, wired for ethernet & security cameras, recessed lighting throughout, Ecobee thermostats, and smart locks.
Whether you're looking to live in one unit and rent the other, or expand your portfolio with a prime rental, this turnkey property delivers on style, location, and long-term potential.
Don't miss this incredible opportunity to own a versatile income-generating property at the heart of Del Rey. Situated on a desirable corner just moments from popular dining, shopping, and entertainment options, this charming duplex offers modern comfort, convenience, and curb appeal in one of West L.A.'s most sought-after rental markets.
The front unit is a beautifully renovated 2-bedroom, 2-bathroom home featuring an open-concept layout, dual entry doors, wood flooring, a neutral color palette, and abundant natural light. The spacious kitchen boasts stainless steel appliances, a gas range, dishwasher, and generous cabinetry, while the adjoining dining area creates a seamless flow for entertaining. Each bedroom includes ample closet space, and the convenience of in-unit laundry and central A/C adds to the comfort. Step outside to your own private outdoor retreat, exclusive to the front unit, complete with a cozy patio enclosed by privacy hedges and a hot tub perfect for relaxing or entertaining under the stars.
The rear 1-bedroom, 1-bathroom unit mirrors the same elevated aesthetic with a functional, flowing floor plan, including its own washer & dryer, central heat & air, and stainless-steel appliances, perfect for a variety of living arrangements. Additional amenities include 3 off-street parking spaces, custom window treatments, tankless water heaters, wired for ethernet & security cameras, recessed lighting throughout, Ecobee thermostats, and smart locks.
Whether you're looking to live in one unit and rent the other, or expand your portfolio with a prime rental, this turnkey property delivers on style, location, and long-term potential.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,000
|
$70.51
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,000
|
$70.51
|
| Taxes |
$17,500
|
$12.46
|
| Operating Expenses |
$11,630
|
$8.28
|
| Total Expenses |
$29,130
|
$20.75
|
| Net Operating Income |
$69,870
|
$49.76
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $99,000 |
| Annual Per SF | $70.51 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,000 |
| Annual Per SF | $70.51 |
| Taxes | |
|---|---|
| Annual | $17,500 |
| Annual Per SF | $12.46 |
| Operating Expenses | |
|---|---|
| Annual | $11,630 |
| Annual Per SF | $8.28 |
| Total Expenses | |
|---|---|
| Annual | $29,130 |
| Annual Per SF | $20.75 |
| Net Operating Income | |
|---|---|
| Annual | $69,870 |
| Annual Per SF | $49.76 |
Property Facts
| Price | $1,399,995 | No. Units | 2 |
| Price Per Unit | $699,998 | Property Type | Multifamily |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 4.99% | Building Size | 1,404 SF |
| Sale Condition | High Vacancy Property | No. Stories | 1 |
| Gross Rent Multiplier | 15 | Year Built | 1953 |
| Zoning | LAR3 | ||
| Price | $1,399,995 |
| Price Per Unit | $699,998 |
| Sale Type | Investment |
| Cap Rate | 4.99% |
| Sale Condition | High Vacancy Property |
| Gross Rent Multiplier | 15 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.07 AC |
| Building Size | 1,404 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Zoning | LAR3 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Ice Maker
- Refrigerator
- Range
- Tub/Shower
- Breakfast Nook
- Freezer
- Large Bedrooms
Site Amenities
- Fenced Lot
- Laundry Facilities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $4,750 | 831 |
| 1+1 | 1 | $3,500 | 573 |
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 4221-019-001 | Total Assessment | $1,331,712 |
| Land Assessment | $1,019,592 | Annual Taxes | $17,500 ($12.46/SF) |
| Improvements Assessment | $312,120 | Tax Year | 2025 |
Property Taxes
Parcel Number
4221-019-001
Land Assessment
$1,019,592
Improvements Assessment
$312,120
Total Assessment
$1,331,712
Annual Taxes
$17,500 ($12.46/SF)
Tax Year
2025
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4852 S Centinela Ave - 4852-4854 S Centinela Avenue
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