Pending

3735 Inglewood Boulevard

Los Angeles CA, 90066

$3,495,000


$512.01 per sqft

Pending

12 Beds

10 Baths

6,826 sqft

Residential

Built in 1957

Listed by William James with Lyon Stahl Investment Real Estate, Inc. 310-425-9838

3735 Inglewood is a 10 unit apartment building in a premiere rental pocket of Mar Vista, a neighborhood of LA's Westside between Venice and Culver City. Both of these cities have become a major tech hub with companies such as YouTube, Amazon, TikTok, and Apple leasing office space in the area. The subject property offers a great unit mix consisting of (8) 1 Bed / 1 Bath and (2) 2 Bed / 1 Bath units spread across 6,826 square feet on a large 9,844 square feet lot zoned LAR3. There are 10 individual parking spaces at the rear of the property with alley access. The communal laundry room is also located towards the back of the building with two washers and two dryers. Current rents are 52% below market. Seller financing is available with 9+ years of left on the current note. Interest only rates for the remaining terms is as follows: Year 1: 4.0%, Year 2: 4.25%, Year 3: 4.5%, Year 4, 4.75%, Year 5: 5.0%, Year 6-10: 5.5%. Loan amount is $2,383,225. Please contact listing agents for an offering memorandum.

24385737

MLS ID

April 29, 2024

Listed

May 14, 2024

Updated

Map

3735 Inglewood Boulevard
Los Angeles CA, 90066

Interior Features

Total Stories

2


Bedrooms

12


Total Bathrooms

10


Interior Features

Ceiling Fan(s)


Appliances

Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer


Laundry Description

Common Area


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.23 Acres


Architectual Style

Mid-Century Modern


Sewer

Other

Other Property Details

Area Name

C13 - Palms - Mar Vista


Days on Market

14


Garage

No


Parking

Assigned, Carport


Parking Total

10


View

Yes


View Description

City Lights


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR3

Listing History

Date

Event

Price

5/13/2024

Pending

Listing Contact: 310-425-9838 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/14/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/14/2024 at 1:09 AM UTC

 

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