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$ 2,500,000
Est. payment /mo
Active
4035 Inglewood Boulevard Los Angeles, CA 90066
6,490 SqFt
UPDATED:
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
HOA Y/N No
Year Built 1959
Lot Size 6,001 Sqft
Acres 0.14
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
Fireplace No
Laundry Community Facility
Exterior
View Y/N false
View None
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4232029023

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Listed by Michael Brooks • Keller Williams Realty- YL/ AH