Inglewood, CA 90301,614 MYRTLE AVE
$1,760,000
$1,875,000
6.1%
Est.Price: ?

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16 BD
9 BA
6,538 SqFt

614 MYRTLE AVE Inglewood, CA 90301

Est. payment /mo
SOLD DATE : 03/27/2020

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Key Details

Sold Price $1,760,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,538 sqft

Price per Sqft $269

MLS Listing ID 19-458000

Sold Date 03/27/20

Bedrooms 16

Year Built 1957

Lot Size 9,487 Sqft

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 North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Wall Gas

Cooling None

Equipment None

Exterior

Parking Features Covered Parking

Garage Spaces 12.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Goldcoast Commercial Group
Bought with TRG Realty Company, Inc.

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Herman Singh

Broker

+1(310) 625-6175

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