Inglewood, CA 90301,614 MYRTLE AVE

$1,760,000

$1,875,000

6.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/27/2020

Key Details

Sold Price $1,760,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 19458000

Sold Date 03/27/20

HOA Y/N No

Year Built 1957

Property Description

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.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Cooling None

Fireplace No

Exterior

Garage Covered

Parking Type Covered

Building

Story 2

Others

Senior Community No

Tax ID 4021040023

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christopher Marsocci • Goldcoast Commercial Group
Bought with Brita Kleingartner • TRG Realty Company, Inc.

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