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3739 Inglewood Boulevard
Los Angeles, CA 90066
Sold
3739 Inglewood Boulevard
Los Angeles, CA 90066
Sold
PORTFOLIO SALE**** The offering is being sold along with 4238 Lindblade Dr, 12625 Mitchell Ave, 12806 Matteson Ave,12811 Matteson Ave & 12814 Pacific Ave- This desirable location is centrally located between Palms, Culver City and Venice. Situated in one of the trendiest neighborhoods in Los Angeles, the offering is within walking distance to an array of shopping, entertainment and dining options. This collection of uniquely and rarely traded assets is being offered for sale for the first time in over 5 decades. The Collection contains an excellent unit mix consisting of five studios , 48 1-bedroom & 15 2-bedroom units, which are very suitable for today's market. The Portfolio is priced attractively at only $250,000 per unit & a 13.7 Gross Rent Multiplier. The properties have all been kept mostly in original condition and have deferred maintenance. All properties require mandatory compliance for earthquake seismic retrofit. Buyers shall assume all responsibility and liability to ensure that compliance will be met with Los Angeles Department of Building and Safety, as the ownership is selling the assets in their "AS-IS WHERE IS" condition. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime west side location with significant value-add potential. The Ownership will consider offers on the entire Collection as a whole portfolio or may elect to sell them individually. Currently 5 units will be delivered vacant at the close of escrow. All units are separately metered for gas & electric. There is ample parking available on site for each property and on-site laundry (washer/dryer) for each building.
PROPERTY INFORMATION
| MLS # | 23254569 | Lot Size | 8,861 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,700,000
Price Per SqFt: $ 386 |
DOM | 767 Days |
| Address | 3739 Inglewood Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 6,988 Sq. Ft. |
| Postal Code | 90066 | Garage | N/A |
| County | Los Angeles | Year Built | 1961 |
| Bed / Bath | 12 / 0 | Parking | 12 |
| Built In | 1961 | Status | Closed |
| Sold Date | 2023-09-12 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Electric |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,880
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/19/2023 | Pending | $2,700,000 |
| 03/27/2023 | Listed | $2,700,000 |
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(844)-333-8033
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Listing provided courtesy of Michael Monempour, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.
