714 S Myrtle Ave — Sale in Inglewood, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Inglewood, CA 90301

Investment Figures

Cap rate
5.52%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap, as the exclusive advisors, 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 maintenance and the ability to capture additional upside through the remaining unit. The asset features an exceptional unit mix with large, well-designed floor plans averaging approximately 960 square feet, providing a competitive advantage in attracting and retaining quality tenants. Interior renovations include modern finishes such as quartz countertops, stainless steel appliances, and dishwashers, aligning the property with today’s renter expectations and supporting premium rental rates. Positioned near major entertainment, employment, and retail hubs, 714 Myrtle Ave offers a compelling combination of stability, quality, and long-term appreciation potential in one of Southern California’s most dynamic growth corridors. For more information, please reach out. Investment Highlights: • Turnkey Asset with Remaining Upside • Prime Location in the SoFi Stadium Corridor • Large & Desirable Floor Plans • Modern Interior Upgrades

Market Context

This multifamily in Inglewood, CA is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Inglewood, CA — view the full market.

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