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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

    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.

    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#: PW23034386MLS LogoOriginating 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