Mixed-Use Property with Dance
New
For Sale
$1,100,000
153 W Arbor Vitae, Inglewood, CA 90301
An upstairs residence offers a six-bedroom layout alongside the ground-floor studio.
Property Size4,720 SF
Days on Market7
Property Features for 153 W Arbor Vitae
General Information
Standard status
Active
Size
4,720 SF
Property subtype
Mixed Use
Units
Unit Mix
1 x 6BR/2BA
Multifamily Units
1
Building Details
Building Size
4,720 SF
Year Built
1947
Listing Agency:
Keller Williams - Eagle Rock
Listed By:
Jagmeet Singh · License #01886951
(626) 272-5941
Source:
Archetyperealty
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 6 at 12:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams - Eagle Rock
Investment Insights
Based on property information with market context.
This mixed-use property combines a dance studio at street level with a residential unit above. The residence is arranged with six bedrooms and two bathrooms, providing a distinct separation between the studio and living space.
Built in 1947, the property is located at 153 W. Arbor Vitae Street in Inglewood, California.
Built in 1947, the property is located at 153 W. Arbor Vitae Street in Inglewood, California.
Key Highlights
- Ground‑floor dance studio
- Upper‑level residence with six bedrooms and two bathrooms
- Built in 1947
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,420
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,628,400
$1.6M
Cap Rate 7%
$1,163,143
$1.2M
Cap Rate 9%
$904,667
$904.7K
Market Conditions
NOI Build-Up for 4,720 SF
Gross rent
$141.6K $30.00/SF
− Vacancy
−$11.3K −$2.40/SF
EGI
$130.3K $27.60/SF
− OpEx
−$48.9K −$10.35/SF
NOI
$81.4K $17.25/SF
Area
Inglewood, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,628,400
Cap Rate 7%
$1,163,143
Cap Rate 9%
$904,667
Alternative Uses
Best Use
Mixed Use
$1.16M
$1.02M – $1.36M
NOI $81,420 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $134,803 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs residence offers a six-bedroom layout alongside the ground-floor studio.
Where is this mixed-use property located?
The property is located at 153 W Arbor Vitae Inglewood, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Ground‑floor dance studio; Upper‑level residence with six bedrooms and two bathrooms; Built in 1947
