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922 S Cedar Avenue

Inglewood, CA 90301
  • $1,149,000
  • STATUS: ACTIVE
  • ON SITE: 62 Days
  • ID#: PV24033694
$1,149,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

A rare and incredible investment opportunity! Ability to purchase (2) Separate buildings detached, (4)Units total in a Huge Lot of $12,397, and (6) car detached garages and plenty of parking with a long driveway located (3.5) miles from Sofi Stadium, Hollywood Park Casino, Los Angeles Airport, Restaurants, and FWY (405th). The front building has two units: (2) Bedrooms & (1) Bathroom, (1) Bedroom, & (1) bathroom. Back building two units (1) bedroom, & (1) bathroom each unit. The property contains a large lot with lots of potential. This is an excellent property for investing and potentially adding a (2) ADU units in a location with rents quickly rising and appreciating. Repair work is needed and has lots of possibilities. A rare and incredible investment opportunity! Ability to purchase (2) Separate buildings detached, (4)Units total in a Huge Lot of $12,397, and (6) car detached garages and plenty of parking with a long driveway located (3.5) miles from Sofi Stadium, Hollywood Park Casino, Los Angeles Airport, Restaurants, and FWY (405th). The front building has two units: (2) Bedrooms & (1) Bathroom, (1) Bedroom, & (1) bathroom. Back building two units (1) bedroom, & (1) bathroom each unit. The property contains a large lot with lots of potential. This is an excellent property for investing and potentially adding a (2) ADU units in a location with rents quickly rising and appreciating. Repair work is needed and has lots of possibilities.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/147714703
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922 S Cedar Avenue Inglewood, CA 90301

  • Price: $1,149,000
  • Status: ACTIVE
  • On Site: 62 Days
  • ID#: PV24033694
5
Beds
0
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Inglewood (90301)
County:
Los Angeles
Area:
Inglewood (90301)
Property Description
A rare and incredible investment opportunity! Ability to purchase (2) Separate buildings detached, (4)Units total in a Huge Lot of $12,397, and (6) car detached garages and plenty of parking with a long driveway located (3.5) miles from Sofi Stadium, Hollywood Park Casino, Los Angeles Airport, Restaurants, and FWY (405th). The front building has two units: (2) Bedrooms & (1) Bathroom, (1) Bedroom, & (1) bathroom. Back building two units (1) bedroom, & (1) bathroom each unit. The property contains a large lot with lots of potential. This is an excellent property for investing and potentially adding a (2) ADU units in a location with rents quickly rising and appreciating. Repair work is needed and has lots of possibilities. A rare and incredible investment opportunity! Ability to purchase (2) Separate buildings detached, (4)Units total in a Huge Lot of $12,397, and (6) car detached garages and plenty of parking with a long driveway located (3.5) miles from Sofi Stadium, Hollywood Park Casino, Los Angeles Airport, Restaurants, and FWY (405th). The front building has two units: (2) Bedrooms & (1) Bathroom, (1) Bedroom, & (1) bathroom. Back building two units (1) bedroom, & (1) bathroom each unit. The property contains a large lot with lots of potential. This is an excellent property for investing and potentially adding a (2) ADU units in a location with rents quickly rising and appreciating. Repair work is needed and has lots of possibilities.
Exterior Features

Exterior Stucco Pool N/K Roof Composition Site Sidewalks Spa N/K

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 0

Property Features

Actual Cap Rate 5.83 Annual Expense Actual 19820 Buildings 2 Cfd Mello Roos Fee 1148.22 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.23 Gross Scheduled Income Actual 86820 Miscellaneous Value in Land Monthly Total Fees 95 Possession Other/Remarks Security Automatic Gate Tenant Pays ElectricityGas/PropaneOther Fees Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2300.0 Unit2 Rent Actual 1650.0 Unit3 Rent Actual 1685.0 Unit4 Rent Actual 1600.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Lisa Oliveras of RE/MAX Estate Properties: 310-378-5533. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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