4035 Inglewood Boulevard
Los Angeles, CA 90066
$250,000.00 (-8.33%)
Active for $2,750,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,001 sqft
| MLS | OC24239346 |
| Year Built | 1959 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $2,750,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,001 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Michael Brooks, Keller Williams Realty- YL/ AH 657-837-6004. *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Humberto Castaneda
REALTOR®
Direct: 818.805.6849
Email: Email Me
DRE: 02182269
DRE #01873088
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