73
See all 73 photos
$2,500,000
Est. payment /mo
6,001 Sqft Lot
Price Dropped by $250K
4035 Inglewood BLD Los Angeles, CA 90066
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UPDATED:
01/22/2025 11:50 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24239346
Originating Board California Regional MLS
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
Area C13 - Palms - Mar Vista
Interior
Heating Wall Furnace
Cooling None
Laundry Community Facility
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 4232029023
Special Listing Condition Not Applicable
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Listed by Michael Brooks • Keller Williams Realty- YL/ AH