$1,330,000
$1,245,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
7,592 Sqft Lot
SOLD DATE : 07/14/2023
Key Details
Sold Price $1,330,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23000955
Sold Date 07/14/23
HOA Y/N No
Year Built 1947
Lot Size 7,592 Sqft
Property Description
510 E. Arbor Vitae is an amazing opportunity to acquire a 4 Unit building in the city of Inglewood, Ca just two blocks walking distance to Sofi Stadium, with one unit vacant & remodeled for immediate occupancy.
This two-story multifamily property was built in 1947 and totals 3,579 SF in size with a large unit mix including all 2bd/1bth units with laundry facilities onsite, individual garage parking spaces for each of the units.
One of the units is already vacant & remodeled, and the remaining tenants are month to month at below market rents with an opportunity for a new owner or investor to occupy or capture top rents in a strong rental market with improvement and upgrades. The entire lot size is 7,592sf and the detached garage structure can potentially be converted into two ADU’s in the future.
Prime Rental Location in Inglewood near Sofi Stadium,
Forum, LAX, Centinela Hospital, near 405 & 105 freeways. Walking distance to major retailers & restaurants.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INRM*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Wrought Iron
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Available
Roof Type Composition
Parking Type Garage
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, Lawn, Yard
Faces North
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4024012009
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to New Loan, Conventional, FHA
Financing VA
Special Listing Condition Standard
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Bought with Deeaudrey Barrow • Chase Skye Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "