816 Myrtle Ave | Inglewood, CA 90301
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- LoopNet Team
816 Myrtle Ave
Inglewood, CA 90301
Build-to-Rent Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- 11 units situated on 19,250sqft lot
- Unit mix of (10) 1Bed+1Bath units, and (1) 2Bed+1Bath units
- Located only 1,200 ft from SoFi Stadium
- Currently operating at a 6.24% cap rate and 10.89 GRM
- Each unit has laundry hookups and are separately metered for utilities
- After building the ADUs, the property will operate at a 10.75% cap rate and 6.97 GRM
PROPERTY FACTS
| No. Units | 11 | Total Plot Size | 0.45 ac |
| Property Type | Build-to-Rent | Property Size | 6,162 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built | 1937 |
| Costar Property Class | C | ||
| Use Class | R3 - restricted Density Multiple Dwelling | ||
| No. Units | 11 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 0.45 ac |
| Property Size | 6,162 sq ft |
| No. Floors | 2 |
| Year Built | 1937 |
| Use Class | R3 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
PROPERTY TAXES
| Parcel Number | 4024-005-018 | Improvements Assessment | £204,440 |
| Land Assessment | £807,570 | Total Assessment | £1,012,011 |
PROPERTY TAXES
Parcel Number
4024-005-018
Land Assessment
£807,570
Improvements Assessment
£204,440
Total Assessment
£1,012,011
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