949 N Cedar Street, Inglewood, CA 90302
List Price: $3.1M
Listing Status: Active
0Days on Market: 1
21 Bedrooms · 11 Bathrooms · 8,681 sq ft
Property Type: ResidentialIncome
Year Built: 1948
Lot Size: 27,744 sq ft
Garage Spaces: 10
Private Pool: Yes
MLS Number: 26848517
About This Property
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.
Listing provided by: John Katnik DRE #02002695 310-956-2291 john@brcadvisors.com, BRC Advisors- BH
Source: CRMLS, MLS #: 26848517
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.