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Off market
  • $2,768,000

    3960 Inglewood Blvd, Los Angeles, CA 90066

    15beds
    14baths
    8,029sqft
    MultiFamily
    Built in 1962
    -- sqft lot
    $2,768,000 Zestimate®
    $345/sqft
    $2,248 Estimated rent

    What's special

    The Ingle Wood is a 9 Unit apartment building, located in Mar Vista, West Los Angeles. Featuring a Terrific Unit Mix of (1) Three- Bedroom/Two-Bathroom unit, (5) Two-Bedroom/Two-Bathroom units, (2) One-Bedroom/One-Bathroom units, and (1) Studio. The Year-One cap rate is 4.49% - Pro-Forma cap rate of 7.69%. Average unit size of 892 SF. Ability to convert the 2-bedroom units to 3-bedrooms (plans available) to achieve maximum rents. The property was built in 1962, features (8) parking spots, a laundry room, and storage lockers. With 51.2% rental upside, and situated in the booming Silicon Beach rental market, this asset is well positioned to be a terrific source of cash-flow & accelerated Appreciation.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 14
    Cooling
    • Other
    Interior area
    • Total interior livable area: 8,029 sqft

    Property

    Parking
    • Total spaces: 8
    Lot
    • Size: 6,926 sqft
    Details
    • Additional structures: Other
    • Parcel number: 4214021029

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1962

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • ListingStatus: Active
    • PropertyType: Residential Income
    • Equipment: Other
    • Cooling: Other
    • Heating: Other
    • SourceLivingArea: Other
    • ListingArea: Palms - Mar Vista
    • SourceLotSizeArea: Other
    • ParkingGarage: Other
    • UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
    • OtherStructures: Other
    Services availability
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    Estimated market value

    $2,768,000