First Time on the Market in Over 45 Years! This well-maintained 5-unit property, located in the heart of Inglewood, is a rare opportunity that hasn’t been available for over four decades. The property features four 1-bedroom units and one 2-bedroom unit, with each unit benefiting from its own private 1-car garage. Its prime location offers exceptional proximity to SoFi Stadium and the upcoming Olympics, making it an ideal investment with high future potential. The area is rapidly growing, presenting both immediate convenience and long-term value. With meticulous care and desirable amenities, this property is an excellent opportunity for savvy investors and future tenants alike.
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 2
Listing Office:
Office Name: Marisol Alarcon, Broker
Office Phone: (310) 200-7961
Listing Agent: Marisol Alarcon
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 5 spaces
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 0.15 Acres
Other
Directions Information:
Directions: East of La Cienega, West of Inglewood Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,300,000
Tax Information:
Annual Amount: $4,294
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Inglewood, CA.
This property is $555K more than the Median Sold Price in Inglewood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24252734
Listing Office:
Office Name: Marisol Alarcon, Broker
Office Phone: (310) 200-7961
Listing Agent: Marisol Alarcon
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,294
$216,534
2020
$4,095
$214,315
2019
$4,032
$210,114
2018
$3,891
$205,995
2017
$3,891
$201,957
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,556
Per Month
Principal & Interest
$6,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,964
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Oak Street Elementary School
633 S Oak St
Distance between this listing and this school0.21 miles
Public District Grades KG-6
3
/10
Beulah Payne Elementary School
215 W 94th St
Distance between this listing and this school0.52 miles
Public District Grades KG-6
4
/10
W. Claude Hundall Elementary School
331 W Olive St
Distance between this listing and this school0.70 miles
Public District Grades KG-6
Nearby Schools
6
/10
Century Community Charter
901 Maple St
Distance between this listing and this school0.72 miles
Public Charter Grades 6-8
3
/10
Crozier Elementary School
1210 W Regent St
Distance between this listing and this school0.99 miles
Public District Grades 7-8
6
/10
Lennox Middle School
11033 Buford Ave
Distance between this listing and this school1.21 miles
Public District Grades 6-8
Nearby Schools
2
/10
Inglewood Continuation High School
441 W Hillcrest Blvd
Distance between this listing and this school0.36 miles
Public District Grades 9-12
2
/10
Inglewood High School
231 S Grevillea Ave
Distance between this listing and this school0.82 miles
Public District Grades 9-12
7
/10
City Honors International Preparatory High School
120 W Regent St
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $39,549. Most Inglewood, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 618 W Arbor Vitae St
What is the listing price of this property?
The listing price of 618 W Arbor Vitae St property is $1,300,000.
What type of property is this?
The property 618 W Arbor Vitae St is a condo located in Inglewood, California, 90301.
Is this property for sale now?
Active Listing: 618 W Arbor Vitae St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,294 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 618 W Arbor Vitae St is 1958.
This home is located at 618 W Arbor Vitae St in Inglewood, CA and zip code 90301 in the South Bay neighborhood. This home, which was built in 1958, sits on a 0.15 acre lot. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $1,300,000.
In November 2024 more than 13 listings in Inglewood, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 18 were sold below. The inventory of homes for sale in Inglewood, CA between October 2024 and November 2024 decreased by 3.2%. The median list price of listings available in November 2024 was $745,000, while the average time on the real estate market was 58 days.
From Rocket Homes Real Estate and based on county public records data.