Inglewood, CA 90301,614 Myrtle Avenue
Inglewood, CA 90301,614 Myrtle Avenue
Inglewood, CA 90301,614 Myrtle Avenue
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$2,150,000
Est. payment /mo
6,538 SqFt
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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 6,538 sqft

Price per Sqft $328

MLS Listing ID CL25543655

HOA Y/N No

Year Built 1957

Lot Size 9,508 Sqft

Acres 0.22

Property Sub-Type Comm Ind For Sale

Property 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

Location

State CA

County Los Angeles

Zoning INR3

Interior

Fireplace No

Exterior

Total Parking Spaces 14

Building

New Construction No

Others

Tax ID 4021040023


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Bridge MLS
Listed by Tim Steuernol • NAI Capital Commercial Inc.
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614 Myrtle Avenue