$3,100,000
714 Myrtle Avenue, Inglewood CA 90301
Multi-Family (10 Units)
Property type
51 days
On market
$318
Price per sqft
N/A
Garage
1964
Year built
8,665 sqft
Lot size
Open Houses
Overview
We are pleased to present 714 Myrtle Ave, a rare turnkey investment opportunity located in the heart of Inglewood's thriving SoFi Stadium district - one of the most rapidly appreciating rental markets in Los Angeles. The 10-unit property has undergone significant upgrades, with 9 of the 10 units already renovated, offering investors strong in-place income with minimal deferred...
Listing provided by: Jonathan Weir DRE #02038545 424-405-3855, Marcus & Millichap
Listing updated: Apr 21, 2026 at 07:19am.
Last checked: Jun 5, 2026 at 05:31pm
Source: CRMLS #26731207
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 3 | 2 | — | $2,673 | $2,673 | $2,850 | Unfurnished |
| 4 | 2 | 2 | — | $2,378 | $2,378 | $2,450 | Unfurnished |
| 4 | 1 | 1 | — | $1,881 | $1,881 | $1,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Disposal: 10
Refrigerator: 10
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
5.52%
NOI / List Price
Net Operating Income: $171,098
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Disposal, Refrigerator
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Attached Carport
Garage: Attached
Parking Total: 10
Lot Information
Land Lease: No
Parcel #: 4021042016
Zoning: INR3YY
Lot Size Dimensions: 45x193
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 714 Myrtle Avenue, Inglewood, CA 90301. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,480,000
Total Interest
$3,163,103
Total Payment
$5,643,103
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,054
per month
Property History for 714 Myrtle Avenue
Inglewood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90301.
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