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702 Vesta St 2,716 SF Industrial Building Inglewood, CA 90302 $1,400,000 ($515.46/SF) 3.37% Cap Rate
INVESTMENT HIGHLIGHTS
- Probate Sale, subject to Court Confirmation and overbidding in Court.
- Single-story mixed-use building featuring two (2) commercial units and one (1) residential unit
- Ideal for owner-user or investment.
- For Sale AFTER 69 years!
- Positioned on the corner of Vesta St. and W Hyde Park Blvd.
- Located just minutes from LAX, SOFI stadium, Inglewood Forum, with close proximity to retail, restaurants, and several service providers.
EXECUTIVE SUMMARY
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.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$72,600
|
$47.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,630
|
$2.36
|
| Effective Gross Income |
$68,970
|
$44.87
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$21,764
|
$14.16
|
| Net Operating Income |
$47,206
|
$30.71
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $72,600 |
| Annual Per SF | $47.23 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $3,630 |
| Annual Per SF | $2.36 |
| Effective Gross Income | |
|---|---|
| Annual | $68,970 |
| Annual Per SF | $44.87 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $21,764 |
| Annual Per SF | $14.16 |
| Net Operating Income | |
|---|---|
| Annual | $47,206 |
| Annual Per SF | $30.71 |
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Number | 4018-002-018 | Improvements Assessment | $38,209 |
| Land Assessment | $33,549 | Total Assessment | $71,758 |
PROPERTY TAXES
Parcel Number
4018-002-018
Land Assessment
$33,549
Improvements Assessment
$38,209
Total Assessment
$71,758
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702 Vesta St
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