816 Myrtle Ave | Inglewood, CA 90301
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- LoopNet Team
816 Myrtle Ave
Inglewood, CA 90301
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- 11 units situated on 19,250sqft lot
- Unit mix of (10) 1Bed+1Bath units, and (1) 2Bed+1Bath units
- Located only 1,200 ft from SoFi Stadium
- Currently operating at a 6.24% cap rate and 10.89 GRM
- Each unit has laundry hookups and are separately metered for utilities
- After building the ADUs, the property will operate at a 10.75% cap rate and 6.97 GRM
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.45 AC |
| Property Type | Multifamily | Building Size | 6,162 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1937 |
| Building Class | C | ||
| Zoning | R3 - restricted Density Multiple Dwelling | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 6,162 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Zoning | R3 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
PROPERTY TAXES
| Parcel Number | 4024-005-018 | Improvements Assessment | $273,305 |
| Land Assessment | $1,079,596 | Total Assessment | $1,352,901 |
PROPERTY TAXES
Parcel Number
4024-005-018
Land Assessment
$1,079,596
Improvements Assessment
$273,305
Total Assessment
$1,352,901
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