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
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4BEDS
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0.16ACRES
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3BATHS
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01/2 BATHS
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2,117SQFT
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$543$/SQFT
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
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-28T11:27:30.057. 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 Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.