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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 2,500,000

Est. payment -/mo

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Active

4035 Inglewood BLVD Los Angeles, CA 90066

6,002 Sqft Lot

UPDATED:

01/23/2025 12:49 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24239346

HOA Y/N No

Year Built 1959

Lot Size 6,002 Sqft

Property Sub-Type Apartment

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

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 4

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4232029023

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Michael Brooks • Keller Williams Realty- YL/ AH • 657-837-6004

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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