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3995 Inglewood Boulevard, L...

Updated Dec 21, 2023

Elliot Schwartz Of Marcus & Millichap Represents Sale Of Multifamily Property In Mar Vista For $2.7M
SOLDMultiFamily

Elliot Schwartz Of Marcus & Millichap Represents Sale Of Multifamily Property In Mar Vista For $2.7M

3995 Inglewood Boulevard, Los Angeles, CA 90066, USA

$2,725,000

$466/SF

Building Size

5,836 SF

Asset Type

MultiFamily

Closing

Feb 14, 2019

About this deal

AI

A multifamily property located at 3993-3995 Inglewood Blvd in Mar Vista was recently sold for $2,725,000. The property measures 5,836 square feet, with a price per square foot of $466. The sale took place on February 15, 2019. The transaction was facilitated by Elliot Schwartz of Marcus & Millichap.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,725,000
  • Address: 3993-3995 Inglewood Blvd
  • Market: Mar Vista
  • Square Footage: 5,836
  • Price per Square Foot: $466

Elliot Schwartz, representing Marcus & Millichap, played a crucial role in facilitating the sale of this multifamily property in Mar Vista.

Players

Elliot Schwartz

Marcus & Millichap

Broker

$11.7M

vol

3 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $466 per square foot on a published $2.7M for 5,836 square feet (2019).

Visit Elliot Schwartz to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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