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Key Details
Sold Price $1,325,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22083957
Sold Date 06/22/22
Bedrooms 6
HOA Y/N No
Lot Size 6,253 Sqft
Property Description
NEWLY REDUCED! 917 N Cedar St, boasts a great unit mix of one 3-bedroom 2-bath and three 1-bedroom 1-bath units. These very well maintained units benefit from a fantastic North Inglewood location with close proximity to major development projects such as Sofi Stadium, The Forum and Crenshaw/LAX Transit project. All units have dishwashers and washer/dryer hookups, the top floor has been floated with concrete for sound reduction. The 3-bedroom includes a large private back yard and two 1-bedrooms share a large private deck. This property features plenty of parking with two 2-car garages with 1 space assigned to each unit and a long driveway. Offered at a 4.27% cap rate & 15.86 GRM with room to grow the rents another 15%.
NEWLY REDUCED! 917 N Cedar St, boasts a great unit mix of one 3-bedroom 2-bath and three 1-bedroom 1-bath units. These very well maintained units benefit from a fantastic North Inglewood location with close proximity to major development projects such as Sofi Stadium, The Forum and Crenshaw/LAX Transit project. All units have dishwashers and washer/dryer hookups, the top floor has been floated with concrete for sound reduction. The 3-bedroom includes a large private back yard and two 1-bedrooms share a large private deck. This property features plenty of parking with two 2-car garages with 1 space assigned to each unit and a long driveway. Offered at a 4.27% cap rate & 15.86 GRM with room to grow the rents another 15%.
Location
State CA
County Los Angeles
Area Inglewood (90302)
Zoning Public Rec
Building
Lot Description Sidewalks
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash
Space Rent $2,349
Listing Terms Cash
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Bought with NON LISTED AGENT • San Diego