$895,000
FOR SALEActive702 Vesta Street
Inglewood CA 90302
2,716
SF
Commercial
Type
1953
Built
$330/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Probate Sale, subject to Court Confirmation and overbidding in Court. For Sale AFTER 69 years! Single-story mixed-use building featuring two (2) commercial units and one (1) residential unit totaling approx. 2,716 SF, situated on a 4,861 SF lot in a prime Inglewood. One commercial unit and a residential unit are currently vacant, while the other commercial unit is leased on a Month-to-Month basis, with tenant paying $1,050 per month. Each of the three units has its own separate gas and electricity meters. Positioned on the corner of Vesta St. and W Hyde Park Blvd., the property offers convenient access to I-405 and I-105. The property is zoned INM1 and provides flexibility for business operations and residential use. Located just minutes from LAX, SOFI stadium, Inglewood Forum, with close proximity to retail, restaurants, and several service providers. Ideal for owner-user or investment. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied and with current tenants in place. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property.
Property Information
Property Overview
Commercial
Property Type
Active
Status
INM1*
Zoning
0.1116 acres
Lot Size
3
Total Units
2,716 SF
Square Footage
$329.53/SF
Price per SF
5.91%
Cap Rate
$53K
NOI
1,953
Year Built
1
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5.91% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
5.91%
Cap Rate
$52,888
NOI
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CRMLS
MLS# 26636985
Listed:
Nalren refreshed:
Last updated
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Listed by: Ingenious Asset Group, Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.