4035 Inglewood Boulevard Active

Los Angeles,CA 90066

$ 2500000

- Bed

0 Bath

6490 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,490 sqft

Price per Sqft $385

MLS Listing ID CROC24239346

Year Built 1959

Lot Size 6,001 Sqft

Property Sub-Type Other

Property 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.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Laundry Community Facility

Exterior

View Y/N false

View None

Building

Sewer Public Sewer

Water Public

New Construction No

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