StatusAccepting Backup Offers (Active Under Contract)
About 4980 S Centinela Ave
12 units newly built in 2014 - No Rent Control (No RSO and No AB1482) in desirable west Los Angeles neighborhood in Marina Del Rey bordering Playa Vista, Mar Vista and Culver City. Current scheduled gross income approx. $382,320 + additional income for parking and utility reimbursements. Current GRM is 15.56 and market at 12.92 GRM; room to immediately improve rents! Current CAP is over 4%. Excellent location at the corner of Centinela Ave & Culver Dr. adjacent to Ballona Creek bike path with city, mountain and LA river views from most of the units. Desirable unit mix with eight 1bd+1ba+Loft, three 1bd + 1ba and one large studio. All units are bright, spacious & modern with its own washer/dryer inside, modern kitchens with stainless steel appliances, white quartz countertops, gray laminate floors throughout. Most units have large patios and/or balconies. Building also features large private gym, security gated parking, intercom access, elevator lift from garage to all floors and security cameras. Centrally located close to UCLA , LMU & SMC, easy access to shopping centers, restaurants and freeways. Great tenants with no back rents due and current throughout COVID.
This property is $4.6M more than the Median Sold Price and $116/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23310803
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 820-6651
Listing Agent: Susan Lau
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/6/2024, 10:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 02, 2015
Oct 02, 2015Home Sold
$5,400,000
Jun 08, 2012
Jun 08, 2012Home Sold
$525,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$70,552
$5,905,687
2020
$68,078
$5,845,132
2019
$67,892
$5,730,522
2018
$65,840
$5,618,160
2017
$65,840
$5,508,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Braddock Drive Elementary School
4711 Inglewood Blvd
Distance between this listing and this school0.36 miles
Public Magnet Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.82 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school18.90 miles
Public Magnet Grades 1-5
Middle School
3
/10
Marina Del Rey Middle School
12500 Braddock Dr
Distance between this listing and this school0.28 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.08 miles
Public District Grades 6-8
High School
6
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school1.83 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.19 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.92 miles
Public Magnet Grades 9-12
Assigned Schools
8
/10
Braddock Drive Elementary School
4711 Inglewood Blvd
Distance between this listing and this school0.36 miles
Public Magnet Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.82 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school18.90 miles
Public Magnet Grades 1-5
Assigned Schools
3
/10
Marina Del Rey Middle School
12500 Braddock Dr
Distance between this listing and this school0.28 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.08 miles
Public District Grades 6-8
Nearby Schools
7
/10
Goethe International Charter
12500 Braddock Dr
Distance between this listing and this school0.28 miles
Public Charter Grades KG-8
Assigned Schools
6
/10
Venice Senior High School
13000 Venice Blvd
Distance between this listing and this school1.83 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school12.19 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.92 miles
The neighbors living near this home have an average income of $66,204. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4980 S Centinela Ave
What is the listing price of this property?
The listing price of 4980 S Centinela Ave property is $5,650,000.
What type of property is this?
The property 4980 S Centinela Ave is a house located in Los Angeles, California, 90066.
Is this property for sale now?
Accepting Backup Offers: 4980 S Centinela Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 4980 S Centinela Ave are: Braddock Drive Elementary School: GreatSchools Rating 8/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Marina Del Rey Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Venice Senior High School: GreatSchools Rating 6/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $70,552 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 2, 2015 for $5,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4980 S Centinela Ave has 12 bedrooms and 23 bathrooms.
What is the square footage of this property?
The property 4980 S Centinela Ave is 10,950 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4980 S Centinela Ave is 2014.
Interested in 4980 S Centinela Ave? Let's connect.
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This home is located at 4980 S Centinela Ave in Los Angeles, CA and zip code 90066 in the Del Rey neighborhood. This 10,950 square foot home, which was built in 2014, sits on a 0.14 acre lot. Features: 12 bedrooms, 23 bathrooms. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $5,650,000.
While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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