NEW CONSTRUCTION SILICON BEACH / CULVER CITY FOUR UNIT TOWNHOME COMPLEX W/ PLANS PENDING APPROVAL FOR THREE ADU’S. THREE UNITS LEASED! ONE UNIT BEING HELD FOR TOURS, CAN BE DELIVERED LEASED BY CLOSE OF ESCROW. We are pleased to present this Green Certified new construction four-unit luxury townhome complex. Plans are in process for three ADU’S, that would bring the unit count to seven with a 7.20% cap rate. As general contractors and developers the seller is willing to provide the buyer with budgets and contract to build proposed ADU’S, by a quick and cost- effective conversion of garage space and detached unit. The property is located just minutes from the Arts District, Culver City Steps and Ivy Station, which house Amazon Studios, Sony Pictures, HBO, Beats Electronics and many more tech and entertainment companies pouring into the neighborhood.
This property, located in the very hot market of Silicon Beach which is adjacent to Beverlywood and Culver City, has enjoyed much of the demand. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs and supporting services providing high-paying and stable jobs.
This luxury complex is comprised of two duplexes, totaling four new construction townhomes, each with private laundry rooms and two parking spaces. Each unit is equipped with separate meters for water, gas as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.
Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.
Sold for $3,600,000 on 09/28/23
Listing Provided by:
Martin Fish DRE #01988997 310-905-4834,
Citivest Realty Services, Inc,
Seth Hamilton DRE #01897619,
Citivest Realty Services, Inc
$3,600,000
4432 S Centinela Ave, Los Angeles, CA 90066
--beds
--baths
6,877sqft
Mixed Use
Built in 2023
-- sqft lot
$2,842,100 Zestimate®
$523/sqft
$5,535 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2023 at 09:49am
Listing Provided by:
Martin Fish DRE #01988997 310-905-4834,
Citivest Realty Services, Inc,
Seth Hamilton DRE #01897619,
Citivest Realty Services, Inc
Bought with:
Tak Chaya, DRE #00967444
Person Realty, Inc.
Source: CRMLS,MLS#: PW23034386
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- ENERGY STAR Qualified Equipment, High Efficiency
Cooling
- ENERGY STAR Qualified Equipment, High Efficiency
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Tankless Water Heater
- Laundry: Inside
Features
- Balcony, High Ceilings, Recessed Lighting, Storage
- Flooring: Laminate
- Doors: ENERGY STAR Qualified Doors
- Windows: ENERGY STAR Qualified Windows, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 6,877
- Total interior livable area: 6,877 sqft
Property
Parking
- Total spaces: 8
- Parking features: Covered, Door-Single, Garage, Gated
- Garage spaces: 6
- Carport spaces: 2
- Covered spaces: 8
Accessibility
- Accessibility features: Parking, Accessible Doors
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Stone,Wrought Iron
- Has view: Yes
- View description: City Lights
Lot
- Size: 5,733 sqft
- Features: 2-5 Units/Acre, Back Yard, Front Yard
Details
- Parcel number: 4232023032
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Cement Siding, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Turnkey
- New construction: Yes
- Year built: 2023
Details
- Builder name: Truebuilt
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Green energy
- Energy efficient items: Construction, HVAC, Insulation, Lighting, Roof, Appliances
- Construction elements: Conserving Methods
- Water conservation: Low-Flow Fixtures, Water-Smart Landscaping, Water Recycling
Community & neighborhood
Security
- Security features: Fire Detection System, Security Gate, Smoke Detector(s), Security Lights
Community
- Community features: Sidewalks, Urban
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 15475
Other
Other facts
- Listing terms: Submit
- Road surface type: Paved
Services availability
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Estimated market value
$2,842,100