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Key Details
Sold Price $1,330,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23000955
Sold Date 07/14/23
Bedrooms 8
HOA Y/N No
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 ADUs 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.
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 ADUs 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 Inglewood (90301)
Zoning Assessor
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA
Space Rent $1,390
Listing Terms Cash, Conventional, FHA
Financing VA
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Bought with NON LISTED AGENT • San Diego