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$2,595,000   Price Analysis
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812 Myrtle Ave
Inglewood, CA 90301
12 bed 11 bath 6,162 SqFt ($421/SqFt)
0.44 acre lot. Built 1937
Listed 2024-04-19, Taxes $19,184
Ⓧ USDA Ineligible
due to price & location

near Inglewood

Location Location Location!

The Eleven (11) Unit property consists of 19, 250 sq. ft. of land, 1, 200 feet to So-Fi Stadium and the Kia Forum. The property offers an investor the opportunity to add value to the asset through significant upside in rents, while also consdering the add ition of ADUs or redevelop the site for the future.

The single story unit mix consists of: (1) 2Bed/1Bath and (10) 1Bed/1Bath Units and is situated in a park like setting.


Presented by Pat Swanson at
Pat Swanson.


Property MLS #OC24078295 from CRMLS

Bedrooms: 12

Full Bathrooms: 11

Lot Description: Lawn
Lot Size Acres: 0.4419
Lot Size Source: Assessor
Lot Size Square Feet: 19250

Garage Spaces: 5
Parking Total: 5

Number of Units: 11
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 4

Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 7703.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 12
Number of Separate Gas Meters: 12
Number of Separate Water Meters: 1
Parcel Number: 4024005018
Postal Code Plus 4: 3521
Trash Expense: 9660.00
Zoning: INR3YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$257,544 + $1,017,329
$1,274,873
$19,184
2021$252,495 + $997,382
$1,249,877
$19,030
2020$249,906 + $987,156
$1,237,062
$18,237
2019$245,006 + $967,800
$1,212,806
$17,963
2018$240,202 + $948,824
$1,189,026
$17,788
2017$235,493 + $930,220
$1,165,713
$17,236
2016$230,876 + $911,981
$1,142,857
$16,646
2015$227,409 + $898,283
$1,125,692
$16,489
2014$321,000 + $750,000
$1,071,000
$16,069
2013$175,000 + $705,000
$880,000
$13,569
2012$185,000 + $750,000
$935,000
$13,968
2010$185,000 + $750,000
$935,000
$15,291
2009$212,241 + $838,354
$1,050,595
$15,198
2009$211,737 + $836,367
$1,048,104
$15,198
2008$208,080 + $821,916
$1,029,996
$14,486
2007$204,000 + $805,800
$1,009,800
$14,311

Price Changed 2024-05-31
$2,595,000
CRMLS
Listing removed 2024-05-24
$0
CRMLS
Listed 2024-05-07
$3,495,000
CRMLS
Listed 2024-04-19
$2,598,000
CRMLS
Listing removed 2023-11-09
$0
CRMLS
Price Changed 2023-10-24
$3,499,000
CRMLS
Listed 2023-10-10
$3,635,000
CRMLS
Sold 2005-08-08
$1,237,500
Public Record

Net Operating Income: 147605.00

Total Square Feet Living: 6162
Year Built: 1937
Building Features: 7
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 87
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Kelso (William H.) Elementary School is a public elementary school located approximately 0.3 miles away.
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Crozier (George W.) Middle School is a public middle school located approximately 0.8 miles away.
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Morningside High School is a public high school located approximately 1.2 miles away.
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Dolores T Richardson School is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.