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714 Myrtle Avenue

Inglewood, CA 90301
  • $3,600,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 23302335
$3,600,000
  • 18
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,734
    SQFT
  • $370
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Adrienne Barr of Berkadia (310-209-3200)


Description

Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) * No Delinquent Rents Currently *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) *Assumable Fixed Rate Loan: 3.39% interest rate * Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142588344
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714 Myrtle Avenue Inglewood, CA 90301

  • Price: $3,600,000
  • Status: Active
  • On Site: 34 Days
  • MLS #: 23302335
18
Beds
0
Baths
0
½ Baths
0.2
Acres
9,734
SQFT
$370
$/SQFT
1964
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Minutes to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) * No Delinquent Rents Currently *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) *Assumable Fixed Rate Loan: 3.39% interest rate * Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
Exterior Features

Attached Garage YN Yes Parking Features CoveredDoor-MultiGarage Parking Total 15

Interior Features

Appliances DishwasherMicrowaveRefrigerator Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Disclosures Listing Broker Advantage Gross Income 252492 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Net Operating Income 151311 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Adrienne Barr of Berkadia (310-209-3200)