4035 Inglewood Blvd - Apartments FOR SALE


Los Angeles, CA 90066- Mar Vista
$2,500,000 USD
310-801-7953
4035 Inglewood Blvd, Los Angeles, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/19
null | 3.99% Cap Rate

4035 Inglewood Blvd
Los Angeles, CA 90066
Mar Vista


OVERVIEW

Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exclusive, bread and butter, prime Mar Vista 8-unit (two non- confirming) property. The property boasts a favorable unit mix of two 0+1, one 1+1, three 2+1, one 2+2, and one 3+2. Half of the units are fully furnished and operating on month-to-month leases. Huge upside potential to renovate and increase rents as four furnished units can be delivered vacant. (0+1, 1+1, 2+1, 2+2) Complete retrofit plans are included with an ADU option (new 2+1 unit) which will be provided at COE. This is projected to increase revenue by $28.8K per year. (Work not started, ADU and Retrofit plans cost $34K so far. Permit not yet pulled) Property is master metered for water, has 6 parking spaces and laundry room onsite with leased washer and dryer. Great Westside location south of Washington Place and West of Centinela. Walking distance to shopping, markets, banks, gyms, restaurants, a bowling alley, and a coffee shop. 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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

6

PRICE/UNIT

$416,667

CAP RATE

3.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

LAR3

APN/PARCEL ID

4232-029-023

ASK ABOUT THIS PROPERTY

Mike BrooksKeller Williams RealtyMore Info
310-801-7953

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Mike BrooksKeller Williams RealtyMore Info
310-801-7953

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