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$1,249,000   Price Analysis
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710 Myrtle Ave
Inglewood, CA 90301
7 bed 4 bath 2,777 SqFt ($449/SqFt)
8,663SqFt lot. Built 1918
Listed 2024-05-14, Taxes $3,931
Ⓧ USDA Ineligible
due to price & location

near Inglewood

Being delivered vacant at COE

* Has Contingent Offer *

This property has potential to be a long term hold for a family looking to enter the investing market or an experienced investor looking to tap into the opportune rental market of this high demand neighborhood of Inglewood.

This 3 unit gem sits on a massive lot and presents unlimited cashflow opportunities. The property has been appraised and it is determined that in its current cndition could yield a rental income oof $7, 200 across the 3 units. For more information please contact listing agent.


Presented by Victor Canel III at
Premier Wholesale Mortgage.


Property MLS #RS24097308 from CRMLS

Bedrooms: 7

Ceiling Fan(s)

Attic, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom

Full Bathrooms: 4

Heating Features: Floor Furnace
Heating: Yes

Lot Description: Back Yard, Front Yard, Lawn, Rectangular Lot
Lot Size Acres: 0.1988751
Lot Size Source: Appraiser
Lot Size Square Feet: 8663

Road Frontage Type: City Street
Road Surface Type: Paved

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Garage Faces Rear, Garage - Single Door, Garage Door Opener
Parking Total: 6

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 3
Tenant Pays: Electricity, Gas

Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 880.00
Area: 102 - South Inglewood
Source Neighborhood: 102 - South Inglewood
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 4021042018
Trash Expense: 1000.00
Walk Score: 83
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$153,464 + $95,142
$248,606
$3,931
2021$150,455 + $93,277
$243,732
$3,893
2020$148,913 + $92,321
$241,234
$3,740
2019$145,994 + $90,511
$236,505
$3,704
2018$143,132 + $88,737
$231,869
$3,581
2017$140,326 + $86,998
$227,324
$3,481
2016$137,575 + $85,293
$222,868
$3,379
2015$135,509 + $84,012
$219,521
$3,345
2014$132,855 + $82,367
$215,222
$3,353
2013$132,255 + $81,995
$214,250
$3,338
2012$129,662 + $80,388
$210,050
$3,210
2010$127,120 + $78,812
$205,932
$3,112
2009$126,470 + $78,409
$204,879
$3,080
2009$126,170 + $78,223
$204,393
$3,080
2008$123,991 + $76,872
$200,863
$2,939
2007$121,560 + $75,365
$196,925
$2,958

Listing removed 2024-05-28
$0
CRMLS
Listed 2024-05-14
$1,249,000
CRMLS
Price Changed 2024-04-30
$1,250,000
CRMLS
Price Changed 2024-04-16
$1,370,000
CRMLS
Listed 2024-03-14
$1,400,000
CRMLS
Sold 1997-05-02
$162,000
Public Record
Sold 1986-12-09
$160,000
Public Record
Sold 1985-02-20
$135,000
Public Record

Net Operating Income: 83320.00

Total Square Feet Living: 2777
Year Built: 1918
Building Features: 3
Common Walls: No Common Walls
Construction Materials: Cement Siding, Concrete, Drywall Walls, Stucco
Entry Level: 1
Entry Location: Front
Property Age: 106
Roof: Common Roof, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Cable Available
Electricity Available
Natural Gas Available
Phone Available
Sewer Connected
Water Available
Water Source: Public

Grab Bars In Bathroom(s)
No Interior Steps
Ramp - Main Level

Kelso (William H.) Elementary School is a public elementary school located approximately 0.2 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 1.3 miles away.
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Debbie's Child Care Development Center/Preschool is a private elementary school located approximately 0.2 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.