Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Two units delivered vacant
  • Three off-street parking spaces
  • In-unit laundry
  • Separate entrances
  • Stainless steel appliances
  • Ecobee thermostats & keypad entry locks

Executive Summary

Delivered vacant and ideal for owner-users and investors alike, this exceptional Del Rey duplex presents a rare opportunity to own a versatile income-producing property in one of West LA's most desirable neighborhoods. Situated on a prominent corner lot just moments from popular dining, shopping, and entertainment destinations, the property combines modern updates, flexibility, and long-term investment potential.
The front residence features 2 bedrooms and 2 bathrooms, thoughtfully renovated with an open-concept layout, wood flooring, abundant natural light, and a clean, contemporary aesthetic. The spacious kitchen is equipped with stainless steel appliances, a gas range, dishwasher, and generous cabinetry, while the adjoining dining area creates an effortless flow for everyday living and entertaining. Both bedrooms offer ample closet space, and modern conveniences include central heat and air conditioning, in-unit laundry, and dual entry access. Outside, a private patio surrounded by mature hedging and a hot tub creates an inviting setting for relaxation or entertaining.
The rear 1-bedroom, 1-bathroom residence offers the same thoughtful level of comfort and functionality, complete with stainless steel appliances, central heat and air, its own washer and dryer, and a well-designed floor plan suited to a variety of living arrangements. Additional amenities include three off-street parking spaces, tankless water heaters, custom window treatments, recessed lighting throughout, Ecobee smart thermostats, smart locks, Ethernet wiring, and security camera infrastructure.
Whether you're looking to live in one unit and lease the other, accommodate extended family, or add a turnkey asset to your portfolio, this Del Rey duplex offers the ideal combination of location, flexibility, and income potential.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $99,000 $70.51
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,000 $70.51
Taxes $17,313 $12.33
Operating Expenses $11,630 $8.28
Total Expenses $28,943 $20.61
Net Operating Income $70,057 $49.90

Financial Summary (Pro Forma - 2026)

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 $17,313
Annual Per SF $12.33
Operating Expenses
Annual $11,630
Annual Per SF $8.28
Total Expenses
Annual $28,943
Annual Per SF $20.61
Net Operating Income
Annual $70,057
Annual Per SF $49.90

Property Facts

Price $1,385,000
Price Per Unit $692,500
Sale Type Investment
Cap Rate 5.06%
Gross Rent Multiplier 13.1
No. Units 2
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.07 AC
Building Size 1,404 SF
Average Occupancy 0%
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
  • Oven
  • Stainless Steel Appliances
  • 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 2 $4,125 573 - 831
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
4221-019-001
Land Assessment
$1,019,592 (2025)
Improvements Assessment
$312,120 (2025)
Total Assessment
$1,331,712 (2025)
Annual Taxes
$17,313 ($12.33/SF)
Tax Year
2026
  • Listing ID: 40779348

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 4852 S Centinela Ave, Los Angeles, CA 90066

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}