Inglewood, CA 90301,414 E Arbor Vitae ST
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Inglewood, CA 90301,414 E Arbor Vitae ST
Inglewood, CA 90301,414 E Arbor Vitae ST
Inglewood, CA 90301,414 E Arbor Vitae ST
Inglewood, CA 90301,414 E Arbor Vitae ST

$1,050,000

Est. payment /mo

$1,159,000

9.4%
Est.Price: ?

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414 E Arbor Vitae ST Inglewood, CA 90301

7,209 Sqft Lot

SOLD DATE : 08/08/2024

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23219140

Sold Date 08/08/24

HOA Y/N No

Year Built 1951

Lot Size 7,209 Sqft

Lot Dimensions Assessor

Property Description

Just four blocks from the main entrance to SoFi Stadium and enviably convenient to LAX, this beautifully maintained multi-family fourplex offers an outstanding location in Inglewood. Settled on a spacious homesite that spans nearly 7,211 square feet, the property features two single-level one-bedroom, one-bath apartments in the front. Accessed by a private driveway, the back area hosts a two-story building with a two-bedroom, one-bath apartment complete with a balcony located over a three-car garage. The lower level is home to vacant one-bedroom, one-bath apartment with white stone fireplace, a laundry room, and a covered and enclosed patio measuring 11' by 26'. Depending on the unit, upgrades include upgraded plank and tile flooring, designer paint, mirrored wardrobe doors, upgraded bathrooms with custom tile, and remodeled kitchens that showcase Shaker cabinetry and stainless steel appliances. All four apartments offer a combined total of approximately 2,452 square feet. Each residence has its own gas and electric meters, and the property proudly displays mature and manicured landscaping that includes an inviting front lawn. Enjoy an annual 5% rental increase, plus CPI (not to exceed 10%), providing a great opportunity to increase rents year over year. Conveniently located near a city park, schools, retail shopping centers, hospitals and the new Kia Forum.

Location

State CA

County Los Angeles

Area 102 - South Inglewood

Zoning INRM*

Interior

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

View Neighborhood

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Front Yard, Lawn, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4024015008

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jason Lowery • Compass • 310.409.5374
Bought with Miguel Franco • 24 Hour Real Estate
agent

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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