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3906 Inglewood Blvd, Los Angeles, CA 90066
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3906 Inglewood Blvd Los Angeles, CA 90066

$5,300,000 Sold Price as of 09/01/2020
  • 20 Beds
  • 21 Baths
  • 14,108 Sq.Ft.
Sold
$5,300,000 Sold Price as of 09/01/2020 Refinance Your Mortgage
Map preview of 3906 Inglewood Blvd, Los Angeles, CA 90066

Property Overview: 3906 Inglewood Blvd Los Angeles, CA has 20 bedrooms, 21 bathrooms, 14,108 living square feet and 13,838 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this 20 unit offering in the Mar Vista neighborhood of the Westside of Los Angeles. This unique offering consists of (1) Bachelor, (1) Studio, (16) 1 Bedroom / 1 Bath units, (1) 2 Bedroom / 1 Bath, and (1) 2 Bedroom / 2 Bath units. This two building offering sits on a 13,838 sq-ft lot zoned LAR3 and features enclosed garages, private balconies/patios, and a beautifully landscaped courtyard. The buildings' interiors have been well maintained with large units, which coupled with the excellent Westside location, offer an investor the opportunity to capture top of the market rents in the area.

Listed by Robert Narchi | BRE #01324570 | Marcus & Millichap
Last checked: 13 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
13,838
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20570202
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $997
  • Total Rent: $997
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,690
  • Total Rent: $1,690
  • Pro Forma/Market Rent: $1,690
Unit Breakdown 3
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,436
  • Total Rent: $22,976
  • Pro Forma/Market Rent: $32,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,871
  • Total Rent: $1,871
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.67%
  • Gross Rent Multiplier: 15.97
  • Gross Scheduled Income: --
  • Net Operating Income: $211,671
  • Gross Operating Income: $350,847
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3906 Inglewood Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 18
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Size Source: Owner
Property Information
  • Total # of Units: 20
  • Parcel Number: 4214022024
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located in Mar Vista, one of the premier Westside neighborhoods of Los Angeles.
View more facts & features

Local Los Angeles Agent

Sale History for 3906 Inglewood Blvd

Last sold for $5,300,000 on September 1st, 2020

  • September, 2020

  • Sep 4, 2020

    Date

    Sold

    CRMLS: 20570202

    $5,300,000

    Price

  • Jul 6, 2020

    Date

    Price Change

    CRMLS: 20570202

    $5,775,000

    Price

  • Apr 9, 2020

    Date

    Active

    CRMLS: 20570202

    $6,300,000

    Price

  • August, 2020

  • Aug 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $5,300,000

    Price

Show More

Tax History for 3906 Inglewood Blvd

Assessed Value (2020): $272,148
Year Land Value Improved Value Assessed Value
2020 $73,509 $198,639 $272,148

Home Value Compared to the Market

This property vs the competition

3906 Inglewood Blvd sold on September 1, 2020 for 385.29% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $409.34 per/sqft which puts the price per square foot 45.78% lower than the current median sale per square foot for the city of Los Angeles.

About 3906 Inglewood Blvd

Detailed summary of property

3906 Inglewood Blvd is a multi family that recently sold in Los Angeles, CA 90066. This multi family property offered 20 bedrooms, 21 bathrooms, roughly 14,108 living square feet, and sits on an approximately 13,838 square foot lot. 3906 Inglewood Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $5,300,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 385.29% higher than the current median priced home. Local homes that are currently for sale include 9025 W 3rd St, 650 S La Jolla Ave and 3438 Potomac Ave. While the average home in Los Angeles, CA is selling in 92 days, 3906 Inglewood Blvd has a days on market of 57 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 3906 Inglewood Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3906 Inglewood Blvd

Public county record property details
Beds
11
Baths
10
Year built
1964
Sq. Ft.
7,181
Lot Size
6,908
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
76
APN
4214-022-024

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$1,002
Median Sold Price
$1,626,261
Median Sold Price/Sq.Ft.
$1,022
Total Inventory
116
Median Sale to List Price %
100.08%
Avg Days on Market
29
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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