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2437 Centinela Avenue, Santa Monica, CA 90405$3,499,000

9
beds
9
baths
2904
ft2
· 17830
ft2 lot
$1,205 / ft2

Listing provided courtesy of Mark Hermann, Coldwell Banker Residential Brokerage
Source CRMLS;
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Opportunity knocks!!! Developers' & Investors' dream. Do not miss your chance to own a one-of-a-kind property in one of SoCal's most desirable cities, Santa Monica. This unique lot is 17,830 Sqft (very hard to come by) and is located within a 1-mile of the Expo line (the metro system that connects Santa Monica to Downtown L.A/USC). 55% of the units are currently rented. Will be delivered with 4 vacant units. Conveniently located close to amazing renowned restaurants, shops, nightlife, and much more. Location is prime and equidistant to Westwood, Brentwood, Century City. Also located within proximity to UCLA, SMC, St. Johns Medical Center, Google/Amazon offices.

HOA

$0/month

On market

7 months

Year built

1938

Property type

Multi-Family

Parking

15

MLS

SR21139157

Price / Sq.Ft.

$1,205 / ft2

Status

Active

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Home details for 2437 Centinela Avenue

Interior Features & Layout
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 2904.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 8.00
•   
Uncovered Spaces: 7.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: SMR2*
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Tear Down
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.4093
•   
Lot Size Area: 17830.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 9
Property Features
•   
Common Walls: 2+ Common Walls
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 9
•   
Number Of Separate Gas Meters: 9
•   
Number Of Separate Water Meters: 9
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 4212.00
•   
Pest Control Expense: 540.00
•   
Total Actual Rent: 6587.00
•   
Trash Expense: 3900.00
•   
Insurance Expense: 18420.00
•   
Professional Management Expense: 6300.00
•   
Total Expenses: 33144.00
•   
Gross Scheduled Income: 79044.00
•   
Operating Expense: 33384.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2021
•   
Taxes: 4580.88
Lease Info
•   
Net Operating Income: 45660.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1043.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1043.00
Unit 7 Information
•   
Unit 7 Garage Spaces: 1.00
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 0.00
•   
Unit 7 Total Units: 1
•   
Unit 7 Total Rent: 0.00
•   
Unit 7 Bedrooms: 1
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1400.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1400.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Garage Spaces: 1.00
•   
Unit 8 Actual Rent: 0.00
•   
Unit 8 Total Units: 1
•   
Unit 8 Total Rent: 0.00
•   
Unit 8 Bedrooms: 1
•   
Unit 8 Furnished Units: Unfurnished
Unit 9 Information
•   
Unit 9 Bathrooms: 1
•   
Unit 9 Garage Spaces: 0.00
•   
Unit 9 Actual Rent: 0.00
•   
Unit 9 Total Units: 1
•   
Unit 9 Total Rent: 0.00
•   
Unit 9 Bedrooms: 1
•   
Unit 9 Furnished Units: Unfurnished
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1450.00
•   
Unit 1 Total Rent: 1450.00
Unit 4 Information
•   
Unit 4 Actual Rent: 823.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 823.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1091.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1091.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 9
•   
Number Of Units Leased: 6
•   
Price Per Unit: 388778
Unit 6 Information
•   
Unit 6 Actual Rent: 0.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 0.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Sidewalks, Street Lights, Urban
School Info
•   
Directions: From Pico head South on Centinela. Property is on the left.
Other
Calculation
•   
Dom: 210
•   
Cdom: 210

Neighborhood snapshot

38
Properties for sale
12
Median days on market
$1031.92
Median sold price/sqft
101.10%
Sold/List %
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Property History for 2437 Centinela Avenue

01/22/2022
01/22/2022
CRMLS #SR21139157
active
CRMLS #SR21139157
$3,499,000
--20.46%
11/11/2021
11/11/2021
CRMLS #SR21139157
active
CRMLS #SR21139157
$4,399,000
--10.22%
07/09/2021
07/09/2021
CRMLS #SR21139157
active
CRMLS #SR21139157
$4,899,999
--10.91%
06/26/2021
06/26/2021
CRMLS #SR21139157
active
CRMLS #SR21139157
$5,499,999

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