614 Myrtle Ave

$1,875,000, 16 Beds 9 Baths 6,538 Sqft

About This Property

On the market for the first time in over 25 years this is property is located in a quiet, residential pocket just a few short blocks due west of the new NFL stadium and also walking distance to La Brea, Market St. and downtown Inglewood. Super spacious units with long terms tenants and well below market rents provide a new owner surety of collected rents with lots of upside potential. Built originally as a SFR, it was expanded make the property into a 4-bdrm+2-ba, 1,617sqft owner's unit with 5 units attached in 1986 that include a 3+2, 2+1.5 and 3-2+1 units. 12 onsite parking and a small laundry room for tenants convenience. Professionally managed and maintained for years this building is a feather in the cap of the local investor looking to capitalize on the future of the City of Champions. This property is a legal 6-unit that has rented as 7 for over 30 years.

Essential Information

MLS® #19458000
Price$1,875,000
Bedrooms16
Bathrooms9.00
Square Footage6,538
Acres0.00
Year Built1957
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address614 Myrtle Ave
AreaNorth Inglewood (101)
CityInglewood
CountyLos Angeles
StateCA
Zip Code90301

Amenities

Parking Spaces12
ParkingAssigned, Tandem

Interior

AppliancesNone
HeatingWall Gas
CoolingNone
# of Stories2

Additional Information

Date ListedApril 23rd, 2019
Days on Market119
ZoningINR3YY
HOA Fees0.00

Listing Details

AgentChristopher Marsocci(01095183)
OfficeGoldcoast Commercial Group

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