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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 (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,462 $64.71
Other Income - -
Vacancy Loss $4,973 $3.24
Effective Gross Income $94,489 $61.48
Taxes - -
Operating Expenses - -
Total Expenses $25,193 $16.39
Net Operating Income $69,296 $45.09

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $99,462
Annual Per SF $64.71
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $4,973
Annual Per SF $3.24
Effective Gross Income (CAD)
Annual $94,489
Annual Per SF $61.48
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $25,193
Annual Per SF $16.39
Net Operating Income (CAD)
Annual $69,296
Annual Per SF $45.09

Property Facts

Price $1,507,000 CAD
Price Per SF $554.86 CAD
Sale Type Investment
Cap Rate 4.29%
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Office Office Residential
Building Class C
Lot Size 0.11 AC
Rentable Building Area 2,716 SF
No. Stories 1
Year Built 1953
Tenancy Single
No. Drive In / Grade-Level Doors 2
Zoning INM1* - Industrial – Limited Manufacturing (M1) with Conditions

Amenities

  • Smoke Detector

Utilities

  • Gas
  • Water
  • Sewer
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4018-002-018
Land Assessment
$45,962 CAD (2025)
Improvements Assessment
$52,346 CAD (2025)
Total Assessment
$98,308 CAD (2025)
  • Listing ID: 39099320

  • Date on Market: 2026-01-15

  • Last Updated:

  • Address: 702 Vesta St, Inglewood, CA 90302

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