- $3.5M Price
- .17 Acres
- 40 DOM
3864 Inglewood Boulevard
* Renovated 10-unit, 2-story apartment building in West Los Angeles with 15 parking spaces updated with brand-new plumbing, electrical and windows *In-place cap rate of 6.36%, with below market assumable financing at 3.35% fixed for the next two years, providing an investor with positive leverage and immediate cash-on-cash of 13.08% * Consistent unit mix of 10 one-bedroom floorplans, with one unit boasting its own private terrace * An astute buyer can capture additional upside by adding 2 ADUs in the existing parking lot * All units are equipped with newly refinished hardwood floors, large closets, wall HVAC, stainless steel appliances, updated bath and kitchens, and in-unit washers and dryers * Submarket occupancy averaged 96.6% over the past five years * Submarket asking rents expected to rise 21% over the next two years * The average household income within a three-mile radius is $164,324
Essential Information
- MLS® #25581195
- Price$3,490,000
- Bathrooms0.00
- Acres0.17
- Year Built1961
- TypeCommercial Sale
- StatusActive
Community Information
- Address3864 Inglewood Boulevard
- AreaC13 - Palms - Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
Amenities
- Parking Spaces15
Interior
- # of Stories2
Additional Information
- Date ListedAugust 20th, 2025
- Days on Market40
- ZoningLAR3
Listing Details
- AgentDominic Guan
Office
Colliers International Greater Los Angeles, Inc.
Dominic Guan, Colliers International Greater Los Angeles, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of September 29th, 2025 at 9:25pm PDT. 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.