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442 W Arbor Vitae Street

Inglewood, CA 90301
  • $1,150,000
  • STATUS: Active
  • ON SITE: 80 Days
  • ID#: SB22112915
$1,150,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Larson Harley of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

442 W Arbor Vitae Street is a 3-unit property located in the burgeoningCity of Inglewood. The propertyconsistsof (2) 1-bed/1-bath units in the front house and a standalone 2-bed/1-bath in the middle of the property. In the rear, there are (4) detached 1-car garages presenting a strong ADU opportunity to create an additional 1-bedroom or studio unit (buyer to verify). Each unit has their own washer/dryer and includes new floors, countertops, and appliances. Situated on a large 7,177 sq ft lot, the building currently generates over $70,000 in gross annual income and is operating at a 4% CAP rate. This is an ideal opportunity for both investors or owner-users to acquire a well-maintained triplex less than two miles from the $5.5 Billion SoFi Stadium & Hollywood Park.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. 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 deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/129221029
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442 W Arbor Vitae Street Inglewood, CA 90301

  • Price: $1,150,000
  • Status: Active
  • On Site: 80 Days
  • ID#: SB22112915
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1923
Built
Neighborhood:
102 - South Inglewood
County:
Los Angeles
Area:
102 - South Inglewood
Property Description
442 W Arbor Vitae Street is a 3-unit property located in the burgeoningCity of Inglewood. The propertyconsistsof (2) 1-bed/1-bath units in the front house and a standalone 2-bed/1-bath in the middle of the property. In the rear, there are (4) detached 1-car garages presenting a strong ADU opportunity to create an additional 1-bedroom or studio unit (buyer to verify). Each unit has their own washer/dryer and includes new floors, countertops, and appliances. Situated on a large 7,177 sq ft lot, the building currently generates over $70,000 in gross annual income and is operating at a 4% CAP rate. This is an ideal opportunity for both investors or owner-users to acquire a well-maintained triplex less than two miles from the $5.5 Billion SoFi Stadium & Hollywood Park.
Exterior Features

Number Of Separate Electric Meters 3 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 70680 Gross Scheduled Income 70680 Insurance Expense 847 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New LoanOwner Will Carry Maintenance Expense 2120 Net Operating Income 46003 New Construction YN No New Taxes Expense 15956 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 21143 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 750 Water Sewer Expense 750 Water Source Public Zoning Inc2yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. 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 deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Larson Harley of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)