414 East Arbor Vitae Street

Inglewood, CA 90301

$1,050,000
Last Sold Price
5
Beds
4
Baths
2,452 Sq. Ft.
$428 / Sq. Ft.
2,452
Sq. Ft.
$428
per Sq. Ft.

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....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.

Listing Agents

  1. Jason S. Lowery

    Jason S. Lowery

    Listing Agent

    Compass

    DRE #01817345

    jason.lowery@compass.com

    P: (310)-409-5374

  2. Lori Smalls

    Lori Smalls

    Alternative Listing Agent

    Compass

    DRE #01399162

    lori.smalls@compass.com

    P: (714)-723-2771

Property Details for 414 East Arbor Vitae Street

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
47'x158'
Living Area
2452
LISTING UPDATED: 08/08/2024 03:52 PM

Property Details for 414 East Arbor Vitae Street

StatusClosed
MLS #SB23219140
Days on Market175
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.17 AC / 7,211 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Building Information for 414 East Arbor Vitae Street

Stories2Residences-Year Built1951Building Size-Lot Size0.17 AC / 7,211 SF

Property Information for 414 East Arbor Vitae Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $59,160
  • Gross Scheduled Income: $59,160
  • Net Operating Income: $47,495
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $11,665
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,800
  • Trash Expense: $924
  • Water Sewer Expense: $1,587
  • Total Expenses: $5,311
Tax / Assessment Info
  • Tax Tract Number: 6011
  • Tax Census Tract: 6011.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 8
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage - 3 Car
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage - Three Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,210
  • Unit Type Total Rent: $1,210
  • Unit Type Pro Forma: 2469
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $960
  • Unit Type Total Rent: $960
  • Unit Type Pro Forma: 1763
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $960
  • Unit Type Total Rent: $960
  • Unit Type Pro Forma: 1763
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2090
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 414 East Arbor Vitae Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 414 East Arbor Vitae Street

Taxable ValueLand$659,402Additions$198,356Total$857,758
Tax Record2024$11,581 ($965 / month)
Home Facts
Total Finished SqFt2,452 SqFtAbove Grade Finished SqFt2,452 SqFtLot Size7,180 SqFtStyleQuadraplexYear Built1951ZoningINRM*CountyLOS ANGELESAPN4024-015-008

Schools near 414 East Arbor Vitae Street

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Payne (Beulah) Elementary School
PublicK to 8

Crozier (George W.) Middle School
Public7 to 8

Morningside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Jason S. Lowery, DRE #01817345; Compass, Lori Smalls, DRE #01399162

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.