NOT LISTED FOR SALE

624 E Arbor Vitae St Inglewood, CA 90301

Inglewood Area

Estimated Value: $1,210,000 - $2,903,000

9 Beds
8 Baths
5,826 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $2,300,000 $395 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $11,302 / mo

16 Days on Market

About This Home

As of September 2020

624-626 Arbor Vitae St are two adjacent lots totaling 21,091 square feet that consist of a 4-unit building, a triplex (teardown), 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 nearly completed development will feature 1.5 million sq. ft. of retail and office, 2,500 residences, a hotel, and a 20-acre park. RM zoning allows for the development an office/medical or mixed-sue residential building up to 6 stories or R3 zoning. Given the property’s incredible location, this is an excellent development or value-add investment opportunity with immediate upside potential. See enclosed supplements for marketing package and rent roll.

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 05/11/2020

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 21,091 Sq Ft Lot
  • Two or More Common Walls
  • Wooded Lot
  • 4024010004

Parking

  • 6 Car Garage

Home Design

  • 5,826 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3
  • Assessor Parcel Number 4024010005

Community Details

Overview

  • 4 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0.48 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Zoning: INRM*
  • Property Type: Residential Income
  • Parcel Number: 4024010005
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 394.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 4024010004
  • Lot Features: Lot 20000-39999 Sqft, Treed Lot
  • Lot Size Sq Ft: 21091.00
  • Lot Size Acres: 0.4842

Multi Family

  • Lot Size Area: 21091.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 6011.00
  • Tax Lot: 3
  • Tax Tract Number: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2020
Sold by
Bought by
Current Estimated Value
$1,796,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
2.9%
Mortgage Type
Construction
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,250,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $2,300,000 -4.2% $395 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $2,400,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,893 $1,217,734 $784,762 $432,972
2024 $15,867 $1,193,858 $769,375 $424,483
2023 $15,698 $1,170,450 $754,290 $416,160
2022 $15,996 $1,147,500 $739,500 $408,000
2021 $15,862 $1,125,000 $725,000 $400,000
2020 $1,758 $57,230 $37,855 $19,375
2019 $1,734 $56,124 $37,113 $19,011
2018 $1,630 $55,040 $36,386 $18,654
2016 $1,484 $52,135 $34,974 $17,161
2015 $1,463 $51,353 $34,449 $16,904
2014 $1,487 $50,348 $33,775 $16,573
Source: Public Records

Agents Affiliated with this Home

  • Woody Stahl Real Estate Agent - Lyon Stahl Investment Real Est

    Seller's Agent in 2020

    Woody Stahl

    Lyon Stahl Investment Real Est

    (310) 710-3829

    144 Total Sales

    Woody Stahl
    Section Image
  • Brett Lyon Real Estate Agent - Lyon Stahl Investment Real Estate, Inc.

    Seller Co-Listing Agent in 2020

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 780-1899

    134 Total Sales

    Brett Lyon
    Section Image

  • G

    Buyer's Agent in 2020

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20085755

California Regional Multiple Listing Service (CRMLS)

APN: 4024-010-005

California Los Angeles County Inglewood 90301

624 E Arbor Vitae St, Inglewood, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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