4035 Inglewood Boulevard

Los Angeles, CA 90066
$2,750,000
0.14 acres | #OC24239346
Courtesy of Keller Williams Realty- YL/ AH

Description

Amazing 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.

  • Property Details
      • Stories:2
      • Lot description:ZeroToOneUnitAcre
      • Acres:0.1378
      • Property type:Multi-Family
      • Year built:1959
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$3, 000, 000
      • MLS #:OC24239346
      • Cost:2750000
      • Property subtype:Apartment
      • MLS #:OC24239346

Location

The Alcantara GroupReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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