3840 Inglewood Blvd - Apartments FOR SALE


Los Angeles, CA 90066
$4,900,000 USD
707-815-7472
3840 Inglewood Blvd, Los Angeles, CA for Sale
$4,900,000 USD
Apartments - FOR SALE
1/14
null | 4.38% Cap Rate

3840 Inglewood Blvd
Los Angeles, CA 90066


HIGHLIGHTS

  • Strong in-place Cash Flow with 31% Rental Upside Available
  • Additional Passive Income Generated from Laundry
  • (14) Gated Tuck Under Parking Spaces & (6) Uncovered Parking Spaces
  • (1) Studio, (14) 1 Bed | 1 Bath, (2) 2 Bed | 1.5 Bath
  • Prime Mar Vista Investment Opportunity

OVERVIEW

The Boyett Team is pleased to exclusively offer for sale 3840 Inglewood Boulevard. The property boasts a favorable unit mix of (14) one-bedroom one-bathroom units, (2) two-bedroom one and a half bathroom units, and (1) Studio unit. The 17 unit building is 11,784 square feet and sits on a 11,300 square feet lot. Located in the heart of the Mar Vista submarket in Los Angeles just minutes away from all that the area has to offer. The neighborhood boasts a blend of residential charm and urban convenience, making it an attractive location for potential renters. This exclusive offer by The Boyett Team presents a unique chance for investors seeking to capitalize on a robust and steady income stream generated by this property. 3840 Inglewood Boulevard is a prime investment opportunity that gives investors strong in-place cash flow with the ability to capitalize on roughly 31% rental upside.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

17

PRICE/UNIT

$288,235

CAP RATE

4.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4214-022-028

ASK ABOUT THIS PROPERTY

John BoyettCBREMore Info
707-815-7472

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John BoyettCBREMore Info
707-815-7472

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.