3724 INGLEWOOD Los Angeles, CA 90066

196568670 34.00765 -118.42959 124 /listing/196568670-150476128/3724-inglewood-los-angeles-ca-90066 False 0 10000000 105 18302916 False
$10,000,000
  • Est payment $53682.16/mo

Property & Neighborhood Info

Courtesy Of Scott Rosenberg, RE/MAX ESTATE PROPERTIES

Multi-Family in Los Angeles

The "Mar Vista 30" is a unique and significant multifamily investment property housing 30 large and open units situated on a huge 3/4 of an acre lot. Composed of 3, 10 unit buildings, this offering has an ideal mix totaling 22 (2 + 1) and 8 (1 + 1) units with an impressive average unit size of 873 square feet per unit.Known today as Silicon Beach, the units on 3724, 3730, and 3736 Inglewood Blvd are near to many of the most prominent tech companies in the nation. Facebook, Google, Snapchat, YouTube, Tesla (to name a few) all have significant facilities nearby.Given the scale, location, upside, and bankable features, this property is attractively priced at only $381.68 per square foot, nearly $30.00 per square foot below the average cost of $410.48 per square foot for recently sold comparable properties. Current rents comfortably align the property's pricing to GRM and CAP rate expectations for this submarket, making this a financeable asset in a coveted Westside location.

Courtesy Of Scott Rosenberg, RE/MAX ESTATE PROPERTIES

Main Features

  • Listing Status: Active
  • Year Built: 1955
  • Floors: 2
  • County: Los Angeles
  • Units: 30
  • Zoning: LAR3
  • MLS Number:18302916

Additional Features

  • Cooling:
    • See Remarks
  • Laundry:
    • See Remarks
  • Parking:
    • Assigned
  • Number of Buildings:
    • 3
  • Net Operating Income:
    • 355332.00
  • CDOM:
    • 35
  • Special Conditions:
    • Standard
  • Gross Operating Income:
    • 586501.00
  • Land Value:
    • 258781
  • Lot Size Square Feet:
    • 32767.00
  • Price Per SQFT:
    • 381.68
  • Tax ID:
    • 4234021024
  • Total Expenses:
    • 234469.00
Neighborhood info courtesy of Homes.com © 2018

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Carla Zeoli
Carla Zeoli
Realtor
(310) 803-7007

Request More Info

3724 INGLEWOOD Los Angeles, CA 90066

196568670 34.00765 -118.42959 124 /listing/196568670-150476128/3724-inglewood-los-angeles-ca-90066 False 0 10000000 105 18302916 False
  • $10,000,000
  • Est payment $53682.16/mo