614 Myrtle Avenue Active Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90301
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