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917 N Cedar Street

Inglewood, CA 90302
  • $1,325,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: SB22083957
Under Contract
UPDATED: 59 min ago
$1,325,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Austin Zahn of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


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%.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T17:30:36.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128037573
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917 N Cedar Street Inglewood, CA 90302

  • Price: $1,325,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 59 min ago
  • ID#: SB22083957
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1957
Built
Neighborhood:
101 - North Inglewood
County:
Los Angeles
Area:
101 - North Inglewood
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%.
Exterior Features

Lot Features Rectangular Lot Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 500 Fuel Expense 100 Garage YN Yes Gross Income 83556 Gross Scheduled Income 83556 Insurance Expense 1170 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 56575 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 24474 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 100 Water Sewer Expense 75 Water Source Public Zoning Inr3yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T17:30:36.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Austin Zahn of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)