714 Myrtle Avenue Inglewood, CA ^$ 3,250,000

714 Myrtle Avenue

^$ 3,250,000

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714 Myrtle Avenue

Inglewood, CA, 90301

^$ 3,250,000

Bedrooms18 Baths16.0 Sq 9,734

Monthly Estimate*

^$ 22,702

Listed by Berkadia

714 Myrtle Avenue, Inglewood, CA 90301 - Image 1

714 Myrtle Avenue, Inglewood, CA 90301 - Image 2

714 Myrtle Avenue, Inglewood, CA 90301 - Image 3

714 Myrtle Avenue, Inglewood, CA 90301 - Image 4

Multi-Family Home for sale in Inglewood, CA

for $3,250,000 with 18 bedrooms and 16 full baths. This 9,734 square foot home was built in 1964 on a lot size of 0.1989.

PRICE REDUCED by $350,000! Priced to Sell at $334 PSF and $325K Per Unit *Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming August 2024) * All Tenants are Paying Their Rent *Excellent Unit Mix of One-, Two-, and Three-Bedrooms *Upgraded Community includes New Exterior Paint and Windows / Sliding Doors *All units renovated with quartz countertops and stainless-steel appliances; built-in microwaves (except one) * Spacious Units Averaging 960 SF *Ample Parking in High Demand Parking Location: 18 Spaces Total, Consisting of 12 Side-by-Side Spaces and 3 Garages (Plus 3Cars Can Park on the Skirt of the Garages) *See Property website for OM and rent roll.

Multi-Family Active

Price

^$ 3,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1989

Year Built

1964

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

23302335

Days on Market

257

Features

General

Heating Central

Cooling CentralAir

Appliances Dishwasher Microwave Refrigerator

Zoning INR3YY

Year Built 1964

Stories 2

Levels Two

Gross Income 256440.0

County Los Angeles

Net Operating Income 164254.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On Myrtle Avenue west of Prairie Ave. Walk to SoFi Stadium Forum and Intuit Dome.

City Inglewood

Disclosures ListingBrokerAdvantage

View Y/N N

Senior Community Y/N N

Total Units 10

MLS Area 101 - North Inglewood

Lot Size Square Feet 8662.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Myrtle

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 98

Standard Status Active

Cap Rate 5.1

Exterior

Parking Features Covered DoorMulti Garage

Total Parking 18.0

Lot Size Area 8662.0

Number of Buildings 1

Spa N

Building Area Total 9734.0

Lot Dimensions 45x193

Lot Size Acres 0.1989

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 18

Electric On Property Y/N N

Total Baths 16

Internal Only

Street Number 1 714

* Excluded Features

List By

Berkadia

Broker

(310) 470-8963

Phone

Affordability Calculator

$22,702

Per Month

Monthly Principal & Interest: $22,702
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$2,067,989

Percent of Sale Price 36%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2024	$3,250,000	-9.72%	Price Down
8/18/2023	$3,600,000		Listed Price

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714 Myrtle Avenue, Inglewood, CA, 90301 is a Multi-Family Home for sale at $3,250,000 with 9,734 sqft and a lot size of 0.1989. 714 Myrtle Avenue has 18 bedrooms, 16.0 baths, and was built in 1964. The property's zip code is 90301 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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714 Myrtle Avenue

Multi-Family Home for sale in Inglewood, CA

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