3906 Inglewood Boulevard

Los Angeles, CA 90066

$5,300,000
Last Sold Price
22
Beds
21
Baths
14,108 Sq. Ft.
$376 / Sq. Ft.
14,108
Sq. Ft.
$376
per Sq. Ft.

Description

We are pleased to present this 20 unit offering in the Mar Vista neighborhood of the Westside of Los Angeles. This unique offering consists of (1) Bachelor, (1) Studio, (16) 1 Bedroom / 1 Bath units, (1) 2 Bedroom / 1 Bath, and (1) 2 Bedroom / 2 Bath units. This two building offering sits on a 13,838 sq-ft lot zoned LAR3 and features enclosed garages, private balconies/patios, and a beautifully landscaped courtyard. The buildings' interiors have been well maintained with large units, which coupled...We are pleased to present this 20 unit offering in the Mar Vista neighborhood of the Westside of Los Angeles. This unique offering consists of (1) Bachelor, (1) Studio, (16) 1 Bedroom / 1 Bath units, (1) 2 Bedroom / 1 Bath, and (1) 2 Bedroom / 2 Bath units. This two building offering sits on a 13,838 sq-ft lot zoned LAR3 and features enclosed garages, private balconies/patios, and a beautifully landscaped courtyard. The buildings' interiors have been well maintained with large units, which coupled with the excellent Westside location, offer an investor the opportunity to capture top of the market rents in the area.
  1. Listed by Robert Narchi • DRE #01324570 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 3906 Inglewood Boulevard

Zoning
LAR3
Parcel Number
4214022024
Total Units
20.0
Living Area
14108
Source Living Area
Owner
Area
Palms - Mar Vista (C13)
Vacancy Rate
3
Lot Size Area
13838

Location

Listing Courtesy of Marcus & Millichap, Robert Narchi, DRE #01324570

Sold By CB Richard Ellis, Inc., Sean Riley, DRE #01920511

Add your commute
LISTING UPDATED: 05/05/2023 09:45 AM

Property Details for 3906 Inglewood Boulevard

StatusSold
MLS #20-570202
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.32 AC / 13,838 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Robert Narchi, DRE #01324570

Sold By CB Richard Ellis, Inc., Sean Riley, DRE #01920511

Add your commute

Building Information for 3906 Inglewood Boulevard

Stories2Residences-Year Built1964Building Size-Lot Size0.32 AC / 13,838 SF

Payment Calculator

$31,790 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,924

Property Taxes

$2,866

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3906 Inglewood Boulevard

Community / Development
Community / Development
  • Number Of Units: 20
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 5
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $350,847
  • Net Operating Income: $211,671.00
  • Gross Income: $361,620
  • Cap Rate: 3.67%
  • Gross Rent Multiplier: $15.97
  • Total Annual Expense: 139176
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 13838
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Private Garage
  • Total Parking: 18
  • Parking Features: Private
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-09-2020
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $997.00
  • Unit Actual Rent: $997.00
  • Unit Projected Rent: $1,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,690.00
  • Unit Actual Rent: $1,690.00
  • Unit Projected Rent: $1,690.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,436.00
  • Unit Actual Rent: $22,976.00
  • Unit Projected Rent: $32,800.00
  • Like Units: 16
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,400.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,871.00
  • Unit Actual Rent: $1,871.00
  • Unit Projected Rent: $2,650.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Public Records for 3906 Inglewood Boulevard

Taxable ValueLand$2,184,840Additions$572,480Total$2,757,320
Tax Record2023$34,394 ($2,866 / month)
Home Facts
Total Finished SqFt7,181 SqFtAbove Grade Finished SqFt7,181 SqFtLot Size6,908 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR3CountyLOS ANGELESAPN4214-022-024

Schools near 3906 Inglewood Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Grand View Boulevard Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Middle Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Robert Narchi, DRE #01324570

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.