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.
Sold for $3,600,000
Listed by: Citivest Realty Services, Inc • Martin Fish • Contact: 310-905-4834
Bought with: Person Realty, Inc.
$3,600,000
4432 S Centinela Ave, Los Angeles, CA 90066
12beds
11baths
6,877sqft
Mixed Use
Built in 2023
-- sqft lot
$3,405,300 Zestimate®
$523/sqft
$2,900 Estimated rent
Home value
$3,405,300
$3.06M - $3.75M
$2,900/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed 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#: PW23034386
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 11
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 Square Feet
- 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 & HOA
Community
- Features: Sidewalks, Urban
- Security: Fire Detection System, Security Gate, Smoke Detector(s), Security Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $523/sqft
- Tax assessed value: $3,745,440
- Date on market: 3/1/2023
- Cumulative days on market: 160 days
- Listing terms: Submit
- Total actual rent: 15475
- Tenant pays: Electricity, Gas, Water
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Listing removed | $4,550$1/sqft |
Source: CRMLS #SB25097062 Report a problem | ||
| 5/4/2025 | Price change | $4,550+1.1%$1/sqft |
Source: CRMLS #SB25097062 Report a problem | ||
| 5/2/2025 | Listed for rent | $4,500$1/sqft |
Source: CRMLS #SB25097062 Report a problem | ||
| 9/28/2023 | Sold | $3,600,000+260.4%$523/sqft |
Source:  CRMLS #PW23034386 Report a problem | ||
| 7/13/2019 | Listing removed | $999,000$145/sqft |
Source: RE/MAX Estate Properties #19450916 Report a problem | ||
| 7/13/2019 | Pending sale | $999,000-1.6%$145/sqft |
Source: RE/MAX Estate Properties #19450916 Report a problem | ||
| 7/12/2019 | Sold | $1,015,000+1.6%$148/sqft |
Source:  CLAW #19450916 Report a problem | ||
| 5/23/2019 | Listed for sale | $999,000$145/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
| 5/23/2019 | Pending sale | $999,000$145/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
| 5/23/2019 | Pending sale | $999,000$145/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
| 5/9/2019 | Price change | $999,000+11.1%$145/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
| 4/5/2019 | Pending sale | $899,000$131/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
| 4/3/2019 | Listed for sale | $899,000$131/sqft |
Source: RE/MAX ESTATE PROPERTIES #19450916 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,745,440 +2% |
| 2025 | $44,275 +1.1% | $3,672,000 +2% |
| 2024 | $43,789 +233.3% | $3,600,000 +237.4% |
| 2023 | $13,138 +4.8% | $1,066,944 +2% |
| 2022 | $12,532 +1.2% | $1,046,024 +2% |
| 2021 | $12,380 -1% | $1,025,515 +1% |
| 2020 | $12,508 | $1,015,000 +220.6% |
| 2019 | $12,508 +217.2% | $316,573 +2% |
| 2018 | $3,943 | $310,367 +2% |
| 2017 | $3,943 +2.1% | $304,282 +2% |
| 2016 | $3,861 +2.5% | $298,317 +1.5% |
| 2015 | $3,768 +0.3% | $293,837 +2% |
| 2014 | $3,755 | $288,082 +2.5% |
| 2012 | -- | $281,159 +2% |
| 2011 | -- | $275,647 +0.8% |
| 2010 | -- | $273,588 -0.2% |
| 2009 | -- | $274,239 +2% |
| 2008 | -- | $268,863 +2% |
| 2007 | -- | $263,592 +2% |
| 2006 | -- | $258,425 |
| 2005 | -- | $258,425 +4% |
| 2004 | -- | $248,391 +1.9% |
| 2003 | -- | $243,839 +2% |
| 2002 | -- | $239,159 +4% |
| 2000 | -- | $229,874 |
Find assessor info on the county website
Neighborhood: Del Rey
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Nearby schools
GreatSchools rating
- 7/10Braddock Drive Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Marina Del Rey Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Venice Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$3,405,300
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Estimated market value
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- California
- Los Angeles County
- Los Angeles
- 90066
- Del Rey
- 4432 S Centinela Ave
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