We are pleased to exclusively offer for sale 3840 Inglewood Boulevard. The property boasts a favorable unit mix of (14) one-bedroom one-bathroom units, (2) two-bedroom one and a half bathroom units, and (1) Studio unit. The 17-unit building is 11,784 square feet and sits on a 11,300 square feet lot. Located in the heart of the Mar Vista submarket in Los Angeles just minutes away from all that the area has to offer. The neighborhood boasts a blend of residential charm and urban convenience, making it an attractive location for potential renters. This opportunity presents a unique chance for investors seeking to capitalize on a robust and steady income stream generated by this property. 3840 Inglewood Boulevard is a prime investment opportunity that gives investors strong in-place cash flow with the ability to capitalize on roughly 31% rental upside.
Mls | 24443561 |
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Listing Type | For Sale |
Suite Number | 8 |
Subtype | Resale |
Status | Active |
Year | 1969 |
Days On Site | 79 |
Listing Provided By | CBRE | John Boyett |
Beds | 17 |
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Baths | 19 |
Sq Feet | 11,784 |
Storys | 2 |
Units | 17 |
Buildings | 1 |
Zoning | LAR3 |
Acreage | 0.26 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90066 |
Area | C13 Palms Mar Vista |
Listing VS Median (in 90066) | |
Price: $4,900,000 low | high Med: $1,650,000 SqFt: 11,784 low | high Med: 2,120 $ / SqFt: $416 low | high Med: $812 On Site: 79 low | high Med: 106.500000 |