3714 Inglewood Blvd

    Los Angeles (City), CA 90066
    • $4,100,000
    • STATUS: Active
    • ON SITE: 205 days
    • ID#: 18306284
    UPDATED: 36 min ago
    $4,100,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,259
      SQFT
    • $443
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Fantastic opportunity to reposition an asset on an oversized lot with great curb appeal in prime Mar Vista, one of the hottest Westside sub markets trending at the moment. Great mix of (2) two-bedroom and (8) one-bedroom units, a studio and a bachelor unit. Over 40% upside in rental income with renovation. Priced at 13.1 x Market rents and a 5.3% Cap Rate with rents at market.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T20:33:16.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/80187794

    3714 Inglewood Blvd Los Angeles (City), CA 90066

    • Price: $4,100,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 18306284
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    9,259
    SQFT
    $443
    $/SQFT
    1963
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    Property Description
    Fantastic opportunity to reposition an asset on an oversized lot with great curb appeal in prime Mar Vista, one of the hottest Westside sub markets trending at the moment. Great mix of (2) two-bedroom and (8) one-bedroom units, a studio and a bachelor unit. Over 40% upside in rental income with renovation. Priced at 13.1 x Market rents and a 5.3% Cap Rate with rents at market.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway - Concrete Parking YN Yes

    Interior Features

    Cooling Wall Window Cooling YN Yes

    Property Features

    Cap Rate 3.20 Electric Expense 7225.00 Fuel Expense 1580.00 Gross Multiplier 19.40 Gross Operating Income 214361.00 Improvements Amount 595241 Insurance Expense 4300.00 Land Value 1406939 Maintenance Expense 3500.00 Net Operating Income 134857.00 Pest Control Expense 360.00 Professional Management Expense 8574.00 Special Listing Conditions Standard Total Expenses 79504.00 Trash Expense 2275.00 Zoning Lar3

    Listing provided courtesy of Kimberly Roberts Stepp of Kwsm.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-17T20:33:16.28. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    7101 Playa Vista Dr.
    Playa Vista CA, 90094