4253 S Centinela Ave
LOS ANGELES, CA 90066

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 6
Area: 5000 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,500,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

4253 S Centinela Ave 8BR Marina Del Rey La

Description

THREE PROPERTY TRUST SALE [3674 EMPIRE DR 10 UNITS, 4253 S CENTINELA AVE 6 UNITS, 11817 CULVER BLVD 7 UNITS] PROPERTY SUBJECT TO AN ACTIVE TENANT HABITABILITY LAWSUIT. 4253 S Centinela Avenue is a well-maintained 6-unit multifamily property located in the desirable Del Rey neighborhood of Los Angeles. Built in 1954, this is a Trust Sale offered for sale for the first time in 38 years. The property encompasses approximately 4,521 square feet of living space on a 5,000 SF lot and features a desirable unit mix of (2) 2BR/1BA and (4) 1BR/1BA units. Both 2BR/1BA units are currently vacant, offering immediate repositioning and leasing at market rate. Current rents remain approximately 32% below market, presenting a compelling value-add opportunity in a tight rental market. Ownership has completed numerous capital improvements in recent years. A new roof was installed (2025), and the required soft-story seismic retrofit has been completed (2020). The electrical system has also been recently updated with brand new meters and subpanels (2022). The property offers (2) two-car garages with rear alley access, and an on-site laundry room that generates supplemental income. The garage configuration also presents strong attached ADU potential (Buyer to Verify), providing an avenue for future expansion and increased cash flow. Ideally situated in the vibrant Del Rey submarket, 4253 S Centinela Avenue benefits from strong and consistent rental demand driven by its proximity to Culver City, Mar Vista, and Santa Monica, as well as convenient access to major transit routes and employment hubs in Culver City and Playa Vista.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.