614 Myrtle Avenue

Outstanding Inglewood Location - 6 Blocks from SoFi Stadium, The Forum & Upcoming Inglewood Transit Connector (ITC) and Less Than 1 Mile from Intuit Dome | 6.80% Current Cap Rate & 10.49 Current GRM | 7.70% Pro-Forma Cap Rate & 9.56 Pro-Forma GRM | Outstanding Unit Mix of 4-Bedroom, 3-Bedroom & 2-Bedroom Units | Large 9,463-SF Lot | Originally Built as 4-Bedroom/2-Bathroom House - Expanded in 1986 (With Permits) to Add 5 Additional Apartment Units | Four Units Renovated with New Kitchens, Quartz Counters, New Appliances, New Bathrooms, Upgraded Electrical with New Subpanels, HVACs, Ceiling Fans, New Floors & Washer/Dryer Hook-Ups | Property Enrolled in City of Inglewood Sound Insulation Program Which Would Install New Soundproof Doors, Soundproof Windows & Ducted HVACs at No Cost to Owner (Buyer to Verify) | Storage Room & Total of 14 Parking Spaces (Including Two Double-Car Garages) | Desirable Opportunity to Add ADUs - Plans In-Place to Add New 2-Bedroom/2-Bathroom ADU | Centrally Located Near Hollywood Park, Youtube Theatre, Crenshaw/LAX Metro Line Station, SpaceX, Tesla & LAX Airport