4035 Inglewood Boulevard Active

Los Angeles,CA 90066

$ 2500000

- Bed

- 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 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

Interior

Heating Wall Furnace

Cooling None

Laundry Community Facility

Exterior

View None

Building

Water Public

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