922 S Cedar Avenue Inglewood, CA $ 1,085,000
922 S Cedar Avenue
$ 1,085,000
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922 S Cedar Avenue

Inglewood, CA, 90301
$ 1,085,000
Bedrooms2 Baths1.0 Sq 2,619

Monthly Estimate*

$ 7,579

Listed by RE/MAX Estate Properties
922 S Cedar Avenue, Inglewood, CA 90301 - Image 1
922 S Cedar Avenue, Inglewood, CA 90301 - Image 2
922 S Cedar Avenue, Inglewood, CA 90301 - Image 3
922 S Cedar Avenue, Inglewood, CA 90301 - Image 4
922 S Cedar Avenue, Inglewood, CA 90301 - Image 5

Multi-Family Home for sale in Inglewood, CA

for $1,085,000 with 2 bedrooms and 1 full bath. This 2,619 square foot home was built in 1952 on a lot size of 0.2963.

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.***Subject to Cancellation of the previous Escrow***

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Multi-Family Active

Price

$ 1,085,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2963

Year Built

1952

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

PV24033694

Days on Market

88

Features
General
Sewer PublicSewer
Cooling None
Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession Negotiable SeeRemarks
Roof Composition Shingle
Zoning LAR1
Garage Spaces 4.0
Architectural Style Other
Pool Features None
Security Features CarbonMonoxideDetectors SecurityGate SmokeDetectors
Construction Materials Drywall Concrete Stucco Unknown
Year Built 1952
Electric Standard
Tenant Pays Electricity Gas Other
View None
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 86820.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 67000.0
Operating Expense 19820.0
Insurance Expense 2000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency ***Investors and Cash Welcome. May not qualify for FHA or Conventional Loans***
Garage Y/N Y
Special Listing Conditions Standard Trust
Status Active
Directions La Cienega Blvd and South of Centinela Ave.
City Inglewood
Disclosures CautionsCallAgent
Entry Location Driveway
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 4
MLS Area 101 - North Inglewood
Lot Size Square Feet 12907.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Cedar
Listing Terms Cash SubjectToOther
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 480.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 300.0
Property Condition Fixer RepairsCosmetic
Trash Expense 0.0
Water Sewer Expense 2640.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 88
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 233
Total Actual Rent 5585.0
Property Sub Type Additional Quadruplex
Taxes 13800.0
Cap Rate 6.18
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Interior
Flooring SeeRemarks
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Window Features Screens
Fireplace Y/N N
Street Suffix Avenue
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing AverageCondition NeedsRepair WroughtIron
Parking Features Concrete DoorSingle Driveway Garage OneSpace
Lot Features Item25UnitsAcre ValueInLand
Water Source Public
Total Parking 8.0
Lot Size Area 12907.0
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 2619.0
Lot Size Acres 0.2963
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 922
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* Excluded Features
List By
Re/Max Estate Properties

Broker

(310) 378-5533

Phone

Affordability Calculator

$7,579
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,579
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$1,085,000 -5.57% Price Down
3/2/2024$1,149,000 -4.25% Price Down
2/18/2024$1,200,000 Listed Price

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922 S Cedar Avenue, Inglewood, CA, 90301 is a Multi-Family Home for sale at $1,085,000 with 2,619 sqft and a lot size of 0.2963. 922 S Cedar Avenue has 2 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 90301 which is in Inglewood, CA