1035 Myrtle Avenue

Inglewood , CA 90301

MLS#: 25555063

$5,250,000

Status: Active
Listing number: 25555063
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: 19 days ago
On site: a month ago
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Property

Beds

37

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

18,459

PRICE IMPROVEMENT | This well positioned 22-unit multifamily property is located within blocks of transformational projects like SoFi Stadium, the Intuit Dome, Hollywood Park, and the Kia Forum with continued infrastructure and commercial development fueling long-term appreciation and rising rental demand. Made up of (11) 2 bed/2 bath, (9) 1 bed/1 bath, and (2) studio units, this property generates strong rental income. Recent upgrades include a new roof and updated electrical panels. Plenty of onsite parking. Close to LAX, Freeways, and public transportation. With massive foot traffic, job creation, and year round event activity, this is a prime opportunity to own in a rapidly appreciating corridor that's becoming a premier entertainment and sports hub on the west coast. CONTACT LISTING AGENT FOR OFFERING MEMORANDUM OR DOWNLOAD FROM COSTAR/LOOPNET.

Features & Amenities

Interior

  • Total Bedrooms

    37

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Covered, Carport

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4233

  • Property Type

    Residential Income

Price

  • Sales Price

    $5,250,000

  • Sq. Footage

    18, 459

  • Price/SqFt

    $284

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Daniel Shieh , Lyon Stahl Investment Real Estate, Inc.

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PRICE IMPROVEMENT | This well positioned 22-unit multifamily property is located within blocks of transformational projects like SoFi Stadium, the Intuit Dome, Hollywood Park, and the Kia Forum with continued infrastructure and commercial development fueling long-term appreciation and rising rental demand. Made up of (11) 2 bed/2 bath, (9) 1 bed/1 bath, and (2) studio units, this property generates strong rental income. Recent upgrades include a new roof and updated electrical panels. Plenty of onsite parking. Close to LAX, Freeways, and public transportation. With massive foot traffic, job creation, and year round event activity, this is a prime opportunity to own in a rapidly appreciating corridor that's becoming a premier entertainment and sports hub on the west coast. CONTACT LISTING AGENT FOR OFFERING MEMORANDUM OR DOWNLOAD FROM COSTAR/LOOPNET.

1035 Myrtle Avenue

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