$15,950,000
69 Bed
35,851 Sqft
25,543 Sqft Lot

4225 Inglewood Boulevard, Los Angeles, California 90066

  • Residential Income Property Type
  • 8 Days Time On Market
  • 35,851 Sqft Square Footage
  • 60 Cars Garage
  • 1987 Year Built
Property Description

Incredible investment opportunity! The one you’ve been looking for…Coral Tree is a 3 story 31 unit multifamily asset well located in Silicon Beach in the trendy and uber popular community of Mar Vista. The complex is made up a highly desirable and ideal attractive unit mix of 1 (0+1), 21 (2+2), and 9 (3+3) apartment homes. The property features gated entrance & semi-subterranean parking, has elevator service, balconies, fireplaces, storage rooms, laundry care facility and security cameras. There is approximately +27% in upside for the new investor to capture. This property is well positioned allowing new ownership to allocate their resources towards renovating units and bringing them to market rate levels. The property was built in 1987 and therefore not subject to Los Angeles RSO. NON-RENT CONTROL (AB1482 only). Management has indicated 42% of units next increase is due in March 2023; 5% + CPI / 10% max.

Basic Details
Residential Income
For Sale
22222615
$15,950,000
69
35,851 Sqft
1987
25,543 Sqft
Active
Features
: Wall Furnace
: 60
: Dishwasher
: Gated
$0
Address Map
California
Los Angeles
Los Angeles
90066
4225 Inglewood Boulevard
0
W119° 34' 40.7''
N33° 59' 49.3''
MLS Addon
NAI Capital, Inc.
Kevin Kawaoka
$0
69
35,851 Sqft
$0
8
North of Culver Blvd, South of Washington Blvd, East of Centinela and West of McLaughlin Ave.
$0
Del Sol Hs
: Ceiling Fan(s)
1
1
$0
Woodbury C. W.
1
4232017040
1
: Standard
3
$0
LAR3
Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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