624-626 Arbor Vitae St, Inglewood 90301
<li>10 Units | $2,400,000</li>
<li>Located Approximately 240 Yards to the Entrance of the New $5B Sofi Stadium and Hollywood Park Entertainment Complex, Which Will Feature 1.5M Sq Ft of Retail and Office, 2,500 Residences, a Hotel, and a 20 Acre Park</li>
<li>Current Use = (1) SFR, (1) Duplex, (1) Vacant Triplex, & (1) 4-Unit (10 UNITS TOTAL) on 21,091 Sq Ft of Land</li>
<li>R-M Zoning Has Multiple Options Including the Development of 19 Condos or a 6 Story Medical / Office Building</li>
Lyon Stahl Investment Real Estate is proud to have closed 624-626 Arbor Vitae St, two adjacent lots totaling 21,091 square feet that consist of a 4-unit building, vacant triplex, duplex, and a SFR (10 units in total). Both parcels are zoned RM (Residential & Medical) and are located approximately 240 yards to the entrance of the new $5B Sofi Stadium and Hollywood Park Entertainment Complex.
The new development will feature 1.5M of retail and office, 2,500 residences, a hotel, a 20-acre park. RM zoning allows for the development of up to 19 condos (1 condo/1,100 SF of land), or an office/medical building up to 6 stories.
Given the property’s incredible location, this is an excellent development of value-add investment opportunity with immediate upside potential.