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Mr. Jackson
@mrjackson

624-626 Arbor Vitae St, Inglewood, CA 90301

  • $2,250,000
624 E Arbor Vitae St, Inglewood, CA 90301, USA
Sold Multifamily

624-626 Arbor Vitae St, Inglewood, CA 90301

624 E Arbor Vitae St, Inglewood, CA 90301, USA
  • $2,250,000

Description

624-626 Arbor Vitae St, Inglewood 90301

  • 10 Units | $2,400,000
  • 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
  • Current Use = (1) SFR, (1) Duplex, (1) Vacant Triplex, & (1) 4-Unit (10 UNITS TOTAL) on 21,091 Sq Ft of Land
  • R-M Zoning Has Multiple Options Including the Development of 19 Condos or a 6 Story Medical / Office Building

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.

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Property Status :

  • City Inglewood
  • State/county CA
  • Country United States

Details

Updated on June 17, 2021 at 2:57 pm
  • Price: $2,250,000
  • Property Size: 5,826 Sq Ft
  • Land Area: 21,091 Sq Ft
  • Garage Size: 6 Garage Spaces
  • Year Built: 1910
  • Property Type: Multifamily
  • Property Status: Sold

Overview

  • Multifamily
  • Property Type
  • 5,826
  • Sq Ft
  • 1910
  • Year Built

Contact Information

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