Skip to main content

Multifamily

934 Centennial Street

934 Centennial St, Los Angeles, CA 90012

Listing Price: $1,100,000

Cap Rate
6.96%
Number of Units
3
GRM
11.25
Price/Unit
$366,667
Price/Gross SF
$399.85
Gross SF
2,751

Investment Overview

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 3-unit apartment community located at 934 Centennial Street. The subject property is situated east of Sunset Boulevard and just north of the 110 and 101 Freeways interchange, in the neighborhood immediately adjacent to Dodger Stadium.

Positioned on a 6,750-square-foot parcel, the property is comprised of one one-bedroom unit, one two-bedroom unit, and one four-bedroom unit. The property is currently vacant, allowing new ownership to re-tenant and achieve market rents. Additionally, the property offers four on-site parking spaces, a valuable amenity in a neighborhood where parking is in limited supply.

The property benefits from close proximity to Downtown Los Angeles and Echo Park, offering residents convenient access to dining, entertainment, and major employment centers.

Downtown Los Angeles and Echo Park continue to experience significant investment and revitalization, driving sustained neighborhood growth and strong demand for housing. 934 Centennial Street is well-positioned to capitalize on this ongoing expansion and the strengthening of these sought-after submarkets.

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Income and Expenses are based entirely off projections and do not represent the current performance of the property.

Investment Highlights

  • 100% vacant, allowing new ownership to immediately re-tenant at market rents
  • Situated in a dense pocket between Downtown Los Angeles and Echo Park, offering residents convenient access to dining, entertainment, and major employment centers
  • With a Walk Score of 80 ("Very Walkable"), most daily errands can be accomplished on foot
  • Close to Dodger Stadium, a premier Los Angeles landmark and key venue for the 2028 Summer Olympics
  • Owned and operated for the past 10 years

Exclusively Listed By

Financing By

Multifamily

934 Centennial Street

Listing Price: $1,100,000

Cap Rate
6.96%
Number of Units
3
GRM
11.25
Price/Unit
$366,667
Price/Gross SF
$399.85
Gross SF
2,751

Investment Highlights

  • 100% vacant, allowing new ownership to immediately re-tenant at market rents
  • Situated in a dense pocket between Downtown Los Angeles and Echo Park, offering residents convenient access to dining, entertainment, and major employment centers
  • With a Walk Score of 80 ("Very Walkable"), most daily errands can be accomplished on foot
  • Close to Dodger Stadium, a premier Los Angeles landmark and key venue for the 2028 Summer Olympics
  • Owned and operated for the past 10 years

Investment Overview

The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale a 3-unit apartment community located at 934 Centennial Street. The subject property is situated east of Sunset Boulevard and just north of the 110 and 101 Freeways interchange, in the neighborhood immediately adjacent to Dodger Stadium. Positioned on a 6,750-square-foot parcel, the property is comprised of one one-bedroom unit, one two-bedroom unit, and one four-bedroom unit. The property is currently vacant, allowing new ownership to re-tenant and achieve market rents. Additionally, the property offers four on-site parking spaces, a valuable amenity in a neighborhood where parking is in limited supply. The property benefits from close proximity to Downtown Los Angeles and Echo Park, offering residents convenient access to dining, entertainment, and major employment centers. Downtown Los Angeles and Echo Park continue to experience significant investment and revitalization, driving sustained neighborhood growth and strong demand for housing. 934 Centennial Street is well-positioned to capitalize on this ongoing expansion and the strengthening of these sought-after submarkets. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. Income and Expenses are based entirely off projections and do not represent the current performance of the property.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower