$1,325,000
$1,325,000
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6,250 Sqft Lot
SOLD DATE : 06/22/2022
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22083957
Sold Date 06/22/22
HOA Y/N No
Year Built 1957
Lot Size 6,250 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%.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4017005022
Energy Description 100.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Brian Dittmar • Palm Realty Boutique Inc.