949 N Cedar St, Inglewood, CA 90302
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949 N Cedar St, Inglewood, CA 90302
949 N Cedar St, Inglewood, CA 90302
949 N Cedar St, Inglewood, CA 90302
949 N Cedar St, Inglewood, CA 90302
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John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059
$ 3,100,000
Est. payment /mo
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949 N Cedar St Inglewood, CA 90302

21 Beds

11 Baths

8,681 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,681 sqft

Price per Sqft $357

MLS Listing ID 26848517

Bedrooms 21

Year Built 1948

Lot Size 0.637 Acres

Acres 0.6371

Property Sub-Type Multi-Family

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 North Inglewood

Zoning INP1VV

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Fireplaces Type None

Equipment Refrigerator, Range/Oven, Dryer, Washer

Laundry In Unit

Exterior

Parking Features Tandem, Garage

Garage Spaces 20.0

Pool None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by BRC Advisors- BH
John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059

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949 N Cedar St