Inglewood, CA 90301 922 S Cedar Avenue

922 S Cedar Avenue Inglewood, Ca - Image 1922 S Cedar Avenue Inglewood, Ca - Image 2922 S Cedar Avenue Inglewood, Ca - Image 3
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922 S Cedar Avenue Inglewood, Ca - Image 4
Presented By: Lisa Oliveras with RE/MAX Estate Properties; lisa.ramsey@southbayspecialists.com
  • MLS# PV24033694
  • 02/17/2024
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  • BedBeds • 5
  • BathBaths • 4
  • FootageSQFT • 2,619
  • GarageGarage • 4

Home Details

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.
Presented By: Lisa Oliveras with RE/MAX Estate Properties; lisa.ramsey@southbayspecialists.com

Interior Features for 922 S Cedar Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringSeeRemarks
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixAvenue
Total Stories1
Window FeaturesScreens

Other Rooms

Entry Level1

General for 922 S Cedar Avenue

Additional Parcels Y/NNo
Architectural StyleOther
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.83
Carport Y/NNo
CityInglewood
Community FeaturesStreetLights, Sidewalks
Construction MaterialsDrywall, Concrete, Stucco, Unknown
Contingency***Investors and Cash Welcome. May not qualify for FHA or Conventional Loans***
CoolingNone
CountyLos Angeles
Current FinancingNone
Days on Market13
DirectionsLa Cienega Blvd and South of Centinela Ave.
DisclosuresCautionsCallAgent
ElectricStandard
Electric Expense480.0
Entry LocationDriveway
Fuel Expense300.0
Garage Spaces4.0
Garage Y/NYes
Gross Income86820.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, SubjectToOther
Lot Size Square Feet12907.0
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income67000.0
New ConstructionNo
Number of Units Leased3
Open Parking Spaces4.0
Operating Expense19820.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Attached Y/NYes
Property ConditionFixer, RepairsCosmetic
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors, SecurityGate, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Street NameCedar
Tax Lot233
Taxes$13,800
Tenant PaysElectricity, Gas, Other
Total Actual Rent5585.0
Total Units4
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense2640.0
Waterfront Y/NNo
Year Built1952
Year Built SourceAssessor
ZoningLAR1

Exterior for 922 S Cedar Avenue

Building Area Total2619.0
Crops Included Y/NNo
FencingAverageCondition, NeedsRepair, WroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, ValueInLand
Lot Size Acres0.2963
Lot Size Area12907.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesConcrete, DoorSingle, Driveway, Garage, OneSpace
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,149,000
MLS#PV24033694
List Date 02/17/2024
Property Type Multi-Family
Phone 714.964.3311
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