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
Price:
$2,750,000
MLS #:
OC24239346
Status:
Active
Baths:
0
Address:
4035 Inglewood Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Nov 25, 2024
State:
CA
ZIP:
90066
Lot Size:
6,001 sqft / 0.14 acres (approx)
Year Built:
1959
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Schools
Interior
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Carport
Parking Spots
6.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Map
Community
- Address4035 Inglewood Boulevard Los Angeles CA
- AreaC13 – Palms – Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
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Courtesy of Keller Williams Realty- YL/ AH. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4035 Inglewood Boulevard
Los Angeles, CA
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