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$ 3,100,000
Est. payment | /mo
18 Beds
16 Baths
9,734 SqFt
$ 3,100,000
Est. payment | /mo
18 Beds
16 Baths
9,734 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,734 sqft
Price per Sqft $318
MLS Listing ID 26731207
Bedrooms 18
HOA Y/N No
Year Built 1964
Lot Size 8,664 Sqft
Property Description
We are pleased to present 714 Myrtle Ave, a rare turnkey investment opportunity located in the heart of Inglewood's thriving SoFi Stadium district - one of the most rapidly appreciating rental markets in Los Angeles. The 10-unit property has undergone significant upgrades, with 9 of the 10 units already renovated, offering investors strong in-place income with minimal deferred maintenance and the ability to capture additional upside through the remaining unit. The asset features an exceptional unit mix with large, well-designed floor plans averaging approximately 960 square feet, providing a competitive advantage in attracting and retaining quality tenants. Interior renovations include modern finishes such as quartz countertops, stainless steel appliances, and dishwashers, aligning the property with today's renter expectations and supporting premium rental rates. Positioned near major entertainment, employment, and retail hubs, 714 Myrtle Ave offers a compelling combination of stability, quality, and long-term appreciation potential in one of Southern California's most dynamic growth corridors. For more information, please reach out.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Attached Carport
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4021042016
Special Listing Condition Standard
Listed by Marcus & Millichap #02038545
Nearby Locations
3750 Schaufele Ave Suite 270, Beach, California, 90808, United States