702 Vesta St - Manufacturing FOR SALE


Inglewood, CA 90302
$1,400,000 USD
310-207-2288
702 Vesta St, Inglewood, CA for Sale
$1,400,000 USD
Manufacturing - FOR SALE
1/45
null | 3.37% Cap Rate

702 Vesta St
Inglewood, CA 90302


HIGHLIGHTS

  • 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
  • Positioned on the corner of Vesta St. and W Hyde Park Blvd.
  • Ideal for owner-user or investment.
  • Located just minutes from LAX, SOFI stadium, Inglewood Forum, with close proximity to retail, restaurants, and several service providers.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$911 USD /SF

CAP RATE

3.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11

LAND SF

4,861

ZONING

INM1*

APN/PARCEL ID

4018-002-018

ASK ABOUT THIS PROPERTY

Vinny JainIngenious Asset GroupMore Info
310-207-2288

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Vinny JainIngenious Asset GroupMore Info
310-207-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.