Skip To Content

1615 Centinela Ave

Santa Monica, CA 90404
  • $2,296,000
  • STATUS: Active Under Contract
  • ON SITE: 144 Days
  • MLS #: 21-743688
Under Contract
UPDATED: 180 min ago
$2,296,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,323
    SQFT
  • $531
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Fantastic opportunity to acquire this very well maintained five-unit building, located in an excellent Santa Monica location. Totaling 4,323 SF on a 6,718 SF lot, there is a great mix of units, consisting of 2 separate structures. A front building with (3) 1bed/1 bath and a rear building with (1) 2bed/1bath and (1) 2bed+den/1bath. Some units have hardwood floors, newer appliances and have been updated. There is on-site laundry, copper plumbing, and updated electrical in many units. Further features include 4 garages and 3 off street parking spaces. The building is an overall quality asset, in an excellent location, with a high-demand rental market.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-26T23:42:33.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/117919826
Print Image

1615 Centinela Ave Santa Monica, CA 90404

  • Price: $2,296,000
  • Status: Active Under Contract
  • Updated: 180 min ago
  • MLS #: 21-743688
7
Beds
0
Baths
0
½ Baths
0.15
Acres
4,323
SQFT
$531
$/SQFT
1920
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Fantastic opportunity to acquire this very well maintained five-unit building, located in an excellent Santa Monica location. Totaling 4,323 SF on a 6,718 SF lot, there is a great mix of units, consisting of 2 separate structures. A front building with (3) 1bed/1 bath and a rear building with (1) 2bed/1bath and (1) 2bed+den/1bath. Some units have hardwood floors, newer appliances and have been updated. There is on-site laundry, copper plumbing, and updated electrical in many units. Further features include 4 garages and 3 off street parking spaces. The building is an overall quality asset, in an excellent location, with a high-demand rental market.
Exterior Features

Direction Faces East Entry Location Other Exterior Construction Stucco Levels Two Lot Description Single Lot Lot Location City Lot Size Area 6718 Other Structures None Parking Garage Garage - 4+ CarParking SpacePrivate Patio Features None Paved YN No Pool Description None Pool YN No Roof Shingle Spa None Spa YN No Style Low Rise Tennis Court None Tennis YN No Total Parking 7 View Description Tree Top View YN Yes Water Frontage None

Interior Features

Baths Total 6.00 Common Walls Detached/No Common Walls Cooking Appliances Built-In And Free StandingRangeRange HoodOven Cooling Other Den Yes Dining Room No Equipment Built-InsFreezerRefrigeratorRange/OvenDryerWasherCableDishwasher Family Room Yes Fireplace Rooms None Flooring MixedHardwoodLaminate Foundation Details Combination Heating Wall Interior Features Built-Ins Kitchen Features Counter TopOpen To Family RoomRemodeled Laundry Community Rooms Family RoomDen/OfficeDining AreaLiving Room Water Heater Features Multi-Tank

Property Features

Alley YN Yes Assessed Total Value 1520498 Disability Access None Gross Income 127632 Gross Operating Income 127632 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 82376.00 Number Of Buildings 2 Number Of Units 5 Owner Pays WaterGas Property Condition Additions/Alter Rent Control YN Yes Sale Type Standard Security Features Smoke DetectorCarbon Monoxide Detector(S) Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricityCable Tv Total Annual Expense 45256 TVServices Cable Tv Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Michael Irvine DRE#01839544 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-26T23:42:33.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-743688-3.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-743688-3.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-743688-3.jpg
Logo
Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270