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824 S Myrtle Avenue

Inglewood, CA 90301
  • $2,695,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 21103823
$2,695,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Listing Agent: Jonathan Nikfarjam of Shield Cre, Inc. and Gianluca Jacoli of Shield Cre, Inc.


Description

Located 3 Blocks from SoFi Stadium, Half-Mile from The Forum & Less Than 1-Mile from $1.2 Billion Clippers Arena | Inglewood Sound Insulation Program in Process - Potential for $340,000 in Improvements Paid for by Program | ADU Potential Possibility to Add 2 ADU's: (1) 3-Bedroom/2-Bathroom at 1,200-Square Feet & (1) 1-Bedroom/1-Bathroom at 640-Square Feet | All Electric Building | Each Unit Contains Individual Water Heaters | Four Units Upgraded with Vinyl Plank Flooring & LED Lighting | Private Patios/Balconies, Gated Building with Intercom Access & On-Site Laundry Facility | 12 Total Parking Spaces - 2 Enclosed Double-Car Garages + 8 Carport Spaces with Storage | Approximately 32% in Potential Rental Upside with a 6.09% Pro-Forma Cap Rate & 12.57 Pro-Forma GRM

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123169905
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824 S Myrtle Avenue Inglewood, CA 90301

  • Price: $2,695,000
  • Status: Active
  • On Site: 24 Days
  • ID#: 21103823
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1965
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
Property Description
Located 3 Blocks from SoFi Stadium, Half-Mile from The Forum & Less Than 1-Mile from $1.2 Billion Clippers Arena | Inglewood Sound Insulation Program in Process - Potential for $340,000 in Improvements Paid for by Program | ADU Potential Possibility to Add 2 ADU's: (1) 3-Bedroom/2-Bathroom at 1,200-Square Feet & (1) 1-Bedroom/1-Bathroom at 640-Square Feet | All Electric Building | Each Unit Contains Individual Water Heaters | Four Units Upgraded with Vinyl Plank Flooring & LED Lighting | Private Patios/Balconies, Gated Building with Intercom Access & On-Site Laundry Facility | 12 Total Parking Spaces - 2 Enclosed Double-Car Garages + 8 Carport Spaces with Storage | Approximately 32% in Potential Rental Upside with a 6.09% Pro-Forma Cap Rate & 12.57 Pro-Forma GRM
Exterior Features

Carport Spaces 8 Carport YN Yes Number Of Separate Electric Meters 8 Parking Features CarportGarage Parking Total 12

Property Features

Additional Parcels YN No Association Fee 0 Garage YN Yes Gross Income 167784 Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 113379 New Construction YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 162816 Vacancy Allowance Rate 0 Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Jonathan Nikfarjam of Shield Cre, Inc. and Gianluca Jacoli of Shield Cre, Inc.