Property Description

2512 S Centinela Ave is mid century single family value add home comprised of 5 bedrooms and 3 bathrooms, with a total of 2,209 sq ft of living space. A patio and backyard separate the main home from a detached garage with alley access, poised for an ADU. The property also offers the opportunity to develop a 14 unit apartment building using TOC Tier 3 density bonus. Located on Centinela Ave, the lot borders Santa Monica and is near many major employers of Silicon Beach and the Westside, including Google, Amazon, Facebook, Hulu, Activision, Youtube Space LA, Oracle, Belkin and Samsung. This is an affluent and densely populated location with nearly 600,000 residents in a 5 mile radius with an average household income over $130,000. The Santa Monica airport is scheduled to close in 2028 and replaced with a park and recreational facilities for residents to enjoy. AB 2097 potentially eliminates any parking requirements. Architectural plans and a letter of determination from the city are available upon request from qualified buyers.