442 W Arbor Vitae St, Inglewood, CA 90301

442 W Arbor Vitae St, Inglewood, CA 90301

Inglewood, CA
$1,150,000

Property Description

442 W Arbor Vitae Street is a 3-unit property located in the burgeoning City of Inglewood. The property consists of (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.

Property Features

  • Sale Price: $1,150,000
  • Area Size: 2,117 Sq. Ft.
  • Year Built: 1923
  • Listing Date: May 28, 2022
  • Units: 3
  • Current Cap Rate: 4.00%

Lyon Stahl Investment Real Estate

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