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4430 Inglewood Blvd 4 Unit Apartment Building $1,500,000 ($375,000/Unit) Los Angeles, CA 90066
EXECUTIVE SUMMARY
Located in south Mar Vista, this four-unit building sits on slightly over 6,600 square feet of R3 zoned land situated on a corner lot. There are two separate buildings, and each building has two units of one-bedroom and one bath. Each unit is separately metered for gas and electricity and owner pays for water. Parking is located in the rear of the lot, accessed from Avon Lane and consists of four open spaces. With an ever-improving location, this property is only a short distance from Playa del Rey, Marina del Rey, and Culver City, making it an ideal location for redevelopment or for land banking.
Please do not disturb tenants or go on the property. The R3 zoning allows for condominiums or higher density multi-family.
Inside of units shown only with an accepted offer and please do not walk on the property or bother the tenants. Property is being sold primarily for the land value. No sign on the property.
Please do not disturb tenants or go on the property. The R3 zoning allows for condominiums or higher density multi-family.
Inside of units shown only with an accepted offer and please do not walk on the property or bother the tenants. Property is being sold primarily for the land value. No sign on the property.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$44,244
|
$17.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,244
|
$17.56
|
| Taxes |
$19,200
|
$7.62
|
| Operating Expenses |
$11,200
|
$4.44
|
| Total Expenses |
$30,400
|
$12.06
|
| Net Operating Income |
$13,844
|
$5.49
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $44,244 |
| Annual Per SF | $17.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $44,244 |
| Annual Per SF | $17.56 |
| Taxes | |
|---|---|
| Annual | $19,200 |
| Annual Per SF | $7.62 |
| Operating Expenses | |
|---|---|
| Annual | $11,200 |
| Annual Per SF | $4.44 |
| Total Expenses | |
|---|---|
| Annual | $30,400 |
| Annual Per SF | $12.06 |
| Net Operating Income | |
|---|---|
| Annual | $13,844 |
| Annual Per SF | $5.49 |
PROPERTY FACTS
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $375,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,520 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | ||
| Zoning | LAR3 - Restricted Density Multiple | ||
| Price | $1,500,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,520 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Zoning | LAR3 - Restricted Density Multiple |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 4233-019-008 | Total Assessment | $1,227,067 (2025) |
| Land Assessment | $1,115,517 (2025) | Annual Taxes | $19,200 ($7.62/SF) |
| Improvements Assessment | $111,550 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
4233-019-008
Land Assessment
$1,115,517 (2025)
Improvements Assessment
$111,550 (2025)
Total Assessment
$1,227,067 (2025)
Annual Taxes
$19,200 ($7.62/SF)
Tax Year
2024
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4430 Inglewood Blvd
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