4026 Inglewood

    Los Angeles (City), CA 90066
    • $3,900,000
    • STATUS: Active
    • ON SITE: 109 days
    • ID#: 18368690
    UPDATED: 52 min ago
    $3,900,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,412
      SQFT
    • $721
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    "Mar Vista 10", is a multifamily investment property in the coastal community of Mar Vista. Composed of 8 (1 bedroom and 1 bath) units, and 2 (2 bedroom and 1 bath) units, this offering has an ideal configuration for young working professionals. Mar Vista 10 is perfectly located to capitalize on the increasing demand for housing to accommodate the predominately young, well educated, and well paid workforce in the tech economy. As such, asking rents in this submarket of Los Angeles have risen dramatically over the last several years, outperforming many traditionally high demand West LA submarkets. This property is priced in line for investors seeking to break into this tightly controlled submarket, as most properties are sold to a small group of local families, effectively closing most opportunities out of the market. Pricing is defensible and in line with regional and submarket pricing expectations. Interested parties should request a full marketing OM.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/85933634

    4026 Inglewood Los Angeles (City), CA 90066

    • Price: $3,900,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 18368690
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,412
    SQFT
    $721
    $/SQFT
    1970
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    Property Description
    "Mar Vista 10", is a multifamily investment property in the coastal community of Mar Vista. Composed of 8 (1 bedroom and 1 bath) units, and 2 (2 bedroom and 1 bath) units, this offering has an ideal configuration for young working professionals. Mar Vista 10 is perfectly located to capitalize on the increasing demand for housing to accommodate the predominately young, well educated, and well paid workforce in the tech economy. As such, asking rents in this submarket of Los Angeles have risen dramatically over the last several years, outperforming many traditionally high demand West LA submarkets. This property is priced in line for investors seeking to break into this tightly controlled submarket, as most properties are sold to a small group of local families, effectively closing most opportunities out of the market. Pricing is defensible and in line with regional and submarket pricing expectations. Interested parties should request a full marketing OM.
    Exterior Features

    Lot Size Units Square Feet Parking Features Street Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling See Remarks Cooling YN Yes Laundry Features None

    Property Features

    Gross Multiplier 20.49 Gross Operating Income 190302.00 Improvements Amount 422292 Land Value 983582 Laundry YN No Net Operating Income 114444.00 Special Listing Conditions Standard Total Expenses 75858.00 Zoning Lar3

    Listing provided courtesy of Scott Rosenberg of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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