$5,250,000
$250K PRICE DROP

1035 Myrtle Ave Inglewood, CA 90301

Estimated payment $33,222/month

Total Views 3,762
37 Beds
37 Baths
18,459 Sq Ft
$284 Price per Sq Ft

About This Home

PRICE IMPROVEMENT | This well positioned 22-unit multifamily property is located within blocks of transformational projects like SoFi Stadium, the Intuit Dome, Hollywood Park, and the Kia Forum with continued infrastructure and commercial development fueling long-term appreciation and rising rental demand. Made up of (11) 2 bed/2 bath, (9) 1 bed/1 bath, and (2) studio units, this property generates strong rental income. Recent upgrades include a new roof and updated electrical panels. Plenty of onsite parking. Close to LAX, Freeways, and public transportation. With massive foot traffic, job creation, and year round event activity, this is a prime opportunity to own in a rapidly appreciating corridor that's becoming a premier entertainment and sports hub on the west coast. CONTACT LISTING AGENT FOR OFFERING MEMORANDUM OR DOWNLOAD FROM COSTAR/LOOPNET.

Listing Agent

Daniel Shieh

Lyon Stahl Investment Real Estate, Inc. License #01978847 Listed on: 06/20/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.42 Acre Lot

Parking

  • Carport

Interior Spaces

  • 18,459 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 37 Bedrooms
  • 37 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Purifier

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 4024-016-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 18459
  • Lot Acreage: 0.4233
  • Stories: 3
  • Year Built: 1964
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 37
  • Total Bathrooms: 37.00
  • Equipment: Microwave, Dishwasher, Refrigerator, Range/Oven, Water Purifier
  • Price Per S Q F T: 284.41

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Covered Parking

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 83.75
  • Assessed Improvement Value: 490338
  • Assessed Land Percent: 16.25
  • Assessed Land Value: 95153
  • Total Assessed Value: 585491
  • Assessor Parcel Number: 4024-016-027
  • Lot Size Area: 18440

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.30
  • Number Of Units: 22
  • Total Annual Expense: 197096
  • Type Of Units: 0,1,2 beds
  • Vacancy Rate: 3%

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $5,250,000 -4.5% $284 / Sq Ft
06/20/2025 06/20/25 For Sale $5,500,000 -- $298 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25555063

The MLS
California Los Angeles County Inglewood 90301

1035 Myrtle Ave, Inglewood, CA

This home is located at 1035 Myrtle Ave, Inglewood, CA 90301 and is currently priced at $5,250,000, approximately $284 per square foot. This property was built in 1964. 1035 Myrtle Ave is a home located in Los Angeles County with nearby schools including Payne (Beulah) Elementary School, Crozier (George W.) Middle School, and Morningside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Daniel Shieh
Listing Agent
Daniel Shieh
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Lyon Stahl Investment Real Estate, Inc.
(310) 634-0514