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Price Reduced! Inglewood Owner-User 179 W Arbor Vitae St 4,780 SF 100% Leased Retail Building Inglewood, CA 90301 $1,790,000 ($374.48/SF)
EXECUTIVE SUMMARY
Calla Commercial is pleased to present this potential owner-user/redevelopment opportunity in the city of Inglewood. The owner has owned the property for ~20 years and is now ready to retire. The parcel has tremendous value for a investor/owner-user/developer.
The subject property is conveniently located near the 405 and 105 freeways within 3 miles from LAX. Nearby major attractions within approx. a mile are SoFi Stadium, KIA Forum, Intuit Dome and Hollywood Park Casino.
The property consists of two retail tenants: Yissy's Ice Cream pays $2,801 gross monthly rent and lease expires July 31st, 2026 (No
Options). Power Lawnmower pays $2,375 gross monthly rent and lease expires December 31st, 2025 (No Options).
Important Note:
Absolutely Do Not Approach the Tenants. Buyer shall be responsible and must verify all intended use with the city.
The subject property is conveniently located near the 405 and 105 freeways within 3 miles from LAX. Nearby major attractions within approx. a mile are SoFi Stadium, KIA Forum, Intuit Dome and Hollywood Park Casino.
The property consists of two retail tenants: Yissy's Ice Cream pays $2,801 gross monthly rent and lease expires July 31st, 2026 (No
Options). Power Lawnmower pays $2,375 gross monthly rent and lease expires December 31st, 2025 (No Options).
Important Note:
Absolutely Do Not Approach the Tenants. Buyer shall be responsible and must verify all intended use with the city.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,780 SF
Building Class
C
Year Built
1950
Price
$1,790,000
Price Per SF
$374.48
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.23 AC
Zoning
INC2VV
Parking
10 Spaces (2.09 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4022-024-055 | Improvements Assessment | $191,313 |
| Land Assessment | $628,621 | Total Assessment | $819,934 |
PROPERTY TAXES
Parcel Number
4022-024-055
Land Assessment
$628,621
Improvements Assessment
$191,313
Total Assessment
$819,934
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Presented by
Calla Commercial Real Estate
Price Reduced! Inglewood Owner-User | 179 W Arbor Vitae St
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