414 E Arbor Vitae Street Inglewood, CA $ 1,159,000
414 E Arbor Vitae Street
$ 1,159,000
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414 E Arbor Vitae Street

Inglewood, CA, 90301
$ 1,159,000
Bedrooms5 Baths4.0 Sq 2,452

Monthly Estimate*

$ 8,096

Listed by Compass
414 E Arbor Vitae Street, Inglewood, CA 90301 - Image 1
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Multi-Family Home for sale in Inglewood, CA

for $1,159,000 with 5 bedrooms and 4 full baths. This 2,452 square foot home was built in 1951 on a lot size of 0.1655.

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.

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Multi-Family Active

Price

$ 1,159,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1655

Year Built

1951

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB23219140

Days on Market

159

Features
General
Sewer PublicSewer
Utilities ElectricityConnected NaturalGasConnected SewerConnected
Possession CloseOfEscrow
Zoning INRM*
HOA 0.0
Garage Spaces 3.0
Pool Features None
Year Built 1951
Electric Standard
Tenant Pays CableTV Electricity Gas
View Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 59160.0
Community Features Curbs Gutters StormDrains StreetLights Sidewalks
County Los Angeles
Net Operating Income 47495.0
Operating Expense 11665.0
Insurance Expense 2800.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Century Blvd L-on S. La Brea R-on E Arbor Vitae St (between La Brea & Prairie and between Century & Manchester
City Inglewood
Entry Location Front
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 1.0
Total Units 4
MLS Area 102 - South Inglewood
Lot Size Square Feet 7211.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Arbor Vitae
Listing Terms Cash CashtoNewLoan Conventional FHA
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing Conventional
Fuel Expense 0.0
Trash Expense 924.0
Water Sewer Expense 1587.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 104
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Quadruplex
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Exterior
Parking Features DoorMulti Garage
Lot Features BackYard FrontYard Lawn RectangularLot
Water Source Public
Total Parking 4.0
Lot Size Area 7211.0
Number of Buildings 2
Spa N
Building Area Total 2452.0
Lot Dimensions 47'x158'
Lot Size Acres 0.1655
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 414
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* Excluded Features
List By
Compass

Broker

(323) 393-0723

Phone

Affordability Calculator

$8,096
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,096
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2023$1,159,000 Listed Price

Map


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414 E Arbor Vitae Street, Inglewood, CA, 90301 is a Multi-Family Home for sale at $1,159,000 with 2,452 sqft and a lot size of 0.1655. 414 E Arbor Vitae Street has 5 bedrooms, 4.0 baths, and was built in 1951. The property's zip code is 90301 which is in Inglewood, CA