NEWLY REDUCED! 917 N Cedar St, boasts a great unit mix of one 3-bedroom 2-bath and three 1-bedroom 1-bath units. These very well maintained units benefit from a fantastic North Inglewood location with close proximity to major development projects such as Sofi Stadium, The Forum and Crenshaw/LAX Transit project. All units have dishwashers and washer/dryer hookups, the top floor has been floated with concrete for sound reduction. The 3-bedroom includes a large private back yard and two 1-bedrooms share a large private deck. This property features plenty of parking with two 2-car garages with 1 space assigned to each unit and a long driveway. Offered at a 4.27% cap rate & 15.86 GRM with room to grow the rents another 15%.
Highlights
- 4 Units, (1) 3-bedroom 2-bath & (3) 1-bedroom (1) bath
$83,556 gross income, Offered at 4.27% Cap rate & 15.86 GRM
Well kept building, located close to Sofi Stadium, The Forum, and more development