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$ 3,100,000
Est. payment /mo
New
949 N Cedar ST Inglewood, CA 90302
21 Beds
11 Baths
8,681 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,681 sqft
Price per Sqft $357
MLS Listing ID 26848517
Bedrooms 21
HOA Y/N No
Year Built 1948
Lot Size 0.637 Acres
Property Description
All rents are based off of Sept increases. We pleased to present the exclusive offering of 949 N Cedar St, a rare multifamily investment opportunity located in the highly desirable North Inglewood submarket. The property consists of 11 bungalow-style units spread across seven separate structures on an expansive 27,744 square foot lot. Originally constructed in 1948, the property features ten spacious 2-bedroom/1-bath units and one non-conforming 1-bedroom/1-bath unit, creating a unique low-density apartment community rarely found in today's market. A major amenity of the property is its abundant parking and resident-friendly unit features. Each 2-bedroom unit includes a private one-car garage along with an additional open parking space directly behind the garage. The property also features ample additional open parking throughout the rear of the lot. Additionally, all units are equipped with in-unit washer and dryer hookups, a highly desirable amenity that continues to drive tenant demand and retention. Situated in a prime North Inglewood location just off Centinela Avenue, the property benefits from convenient access to major employment centers, transportation corridors, and Inglewood's ongoing redevelopment.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INP1VV
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Refrigerator, Dryer, Washer
Exterior
Parking Features Garage, Tandem
Garage Spaces 10.0
Garage Description 10.0
Pool None
Total Parking Spaces 20
Private Pool No
Building
Faces East
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4017005030
Special Listing Condition Standard
Listed by John Katnik BRC Advisors- BH #02002695