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$3,800,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
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Exceptional opportunity to acquire a non-RSO, 11 unit apartment building comprised of 9 2-bedroom/2-bathroom units, and 2 one-bedroom/one-bath units, originally built in 1987 and totaling approximately 10,514 square feet of living space. The property currently offers an attractive 5.3% cap rate, with approximately 25% rental upside, presenting investors with the potential to achieve a projected cap rate of up to 7% as rents are brought to market levels. Amenities include assigned parking in a subterranean garage, community laundry facilities, and individually metered gas and electric utilities. The building has also benefited from recent capital improvements such as brand new roof, enhancing the property's condition and reducing near-term maintenance requirements. Ideally located in the heart of Mar Vista, just minutes from Venice Beach and Downtown Culver City. With strong rental demand, significant rental upside, and a highly desirable central location, this asset presents a compelling opportunity for investors seeking both stable current income and long-term value growth in one of Los Angeles' most dynamic rental markets.

Full Property Details for 3552 S Centinela Ave

General

  • Price: $3,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SB26178268
  • Updated: 8/14/2026
  • Days on Market: 11 days
  • Added to Site: 11 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 20

Location

  • Area: C13 - Palms - Mar Vista
  • County: Los Angeles
  • Development Name: C13 - Palms - Mar Vista
  • Driving Directions: 552 S Centinela Ave, Los Angeles

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 12
  • # Electric Meters: 12

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 10,514
  • Year Built: 1987

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 9

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1938
  • Lot Size (Sq. Ft.): 8,444
  • Lot Size Source: Assessor
  • Lot Description: Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $361.42
  • Price Per Unit: 345455

Listed by Compass, Tamas Batyi

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Listing agent

— 3552 S Centinela Ave —

  • Tamas Batyi

    Compass

323-236-6450

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3552 S Centinela Ave

School District:Los Angeles Unified School District
NameGradesDistance
Mar Vista Elementary School, Los Angeles, CA
3330 Granville Avenue, Los Angeles, CA 90066
K-50.5 mi
Daniel Webster Middle School
11330 Graham Place, Los Angeles, CA 90064
7-81.4 mi
Venice Senior High School
13000 Venice Boulevard, Los Angeles, CA 90066
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3552 S Centinela Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$3,800,000
280%
MLS
8/09/1999
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3552 S Centinela Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,069
4%
$1,536,966
4%
2023
$19,387
5%
$1,477,286
2%
2022
$18,539
2%
$1,448,321
2%
2021
$18,263
-1%
$1,419,923
1%
2020
$18,420
4%
$1,405,365
2%
2019
$17,734
1%
$1,377,810
2%
2018
$17,516
2%
$1,350,795
2%
2017
$17,115
3%
$1,324,310
2%
2016
$16,633
1%
$1,298,344
2%
2015
$16,402
—
$1,278,843
2%
2014
$16,472
—
$1,253,793
—
2013
$16,466
—
$1,248,128
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Tamas Batyi

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3552 S Centinela Avenue, Los Angeles, CA 90066 (MLS# SB26178268) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 3552 S Centinela Avenue is currently listed for $3,800,000 and was received on August 14, 2026. Want to learn more about 3552 S Centinela Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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