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USACAInglewood614 Myrtle Ave
614 Myrtle Ave, Home with 16 bedrooms, 9 bathrooms and 14 parking in Inglewood CA | Image 1
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$2,150,000

614 Myrtle Ave, Inglewood, CA

Real Estate

For Sale

$--,---,---
16914
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6538 sqft
Garage Yes
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 1957
Avg. Price Per Sqft $328
MLS® Number 25543659

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Nestled in a tranquil residential pocket just moments from the vibrant energy of the new SoFi Stadium, this property presents a compelling investment opportunity within Inglewood's flourishing and fast-growing urban landscape. Enjoy the convenience of being within walking distance to La Brea Avenue's bustling corridor, Market Street's eclectic mix of shops and eateries, and the emerging downtown Inglewood scene -- all contributing to a dynamic, walkable neighborhood on the rise. The existing property features generously sized residences that offer not only long-term comfort but also significant upside potential. With established tenants and rents currently below market rate, savvy investors can benefit from a reliable income stream while positioning themselves to take full advantage of future rent growth, property appreciation, and increasing demand fueled by Inglewood's ongoing transformation. A standout feature of this offering is the existing carport and storage structure, which already has plans in place for the development of a detached 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU). This addition presents a unique opportunity to further enhance rental income and long-term property value. Ample parking will still remain on the lot, preserving convenience for current and future tenants. Although the property has a leasing history of 7 units, the Certificate of Occupancy currently reflects approval for 6 units, indicating untapped potential for optimization and compliance. For the forward-thinking investor, this represents a strategic entry point into a market that continues to break new ground. Inglewood is rapidly becoming one of Southern California's most desirable investment markets, buoyed by the development of the Intuit Dome, Hollywood Park, the Kia Forum, and ongoing city-wide revitalization projects. With easy access to major freeways, including the I-405, I-105, and I-110, as well as proximity to LAX, this location offers unmatched regional connectivity for residents and tenants alike. 614 Myrtle Ave is more than just an income property, it's a gateway to the future of Inglewood. Don't miss your chance to secure a stake in one of LA's most exciting and promising neighborhoods.Show Description
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Walk Score®
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Transit Score®
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Bike Score®
MLS® Number25543659
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1957
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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