Address
3724 INGLEWOOD Los Angeles, CA
Price
$ 10,000,000
Property Attributes
  • MLS#18302916
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90066
  • Style
  • Price$ 10,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage26200
  • Lot Size0.75 Acres
Listing Provided Courtesy Of:
Scott Rosenberg with RE/MAX ESTATE PROPERTIES.
Property Description

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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/12/2018 Listed $10,000,000

General Features

Listagentstatelicense 01456686
Listing Agent Scott Rosenberg - BRE#01456686
MLS Area C13 - Palms - Mar Vista
Price Per Square Foot 381.68
Special Listing Conditions Standard
Total Units 30
Zoning LAR3

Interior Features

Air Conditioning Y/N 1
Cooling See Remarks
Laundry Features See Remarks
Laundry Y/N 1
Total Stories 2

Exterior Features

Building Area Total 26200.00
Lot Size Square Feet 32767.00
Lotsizeunits Square Feet
Number of Buildings 3
Parking Features Assigned
Parking Y/N 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90066

Price
AVG $4.19M
$10M
Visits
AVG 8
23
Year Built
AVG 1957
1955

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