127 North Cedar Avenue

Inglewood, CA 90301

$836,000
Last Sold Price
4
Beds
4
Baths
2,244 Sq. Ft.
$373 / Sq. Ft.
2,244
Sq. Ft.
$373
per Sq. Ft.

Description

City of Inglewood well-maintained and charming 4 unit property. The front residence with its sitting porch and front yard is quaint and holds 2 bedrooms and 1 bathroom. Two of the rear residences have both 1 bedroom and 1 bathroom each and the 3rd unit is a single. Stable rents and low overhead puts this at a projected 5.9% cap rate. The front residence will be delivered vacant. Convenient to public transportation, eateries, house of worship and just 2 miles from the new Rams stadium, this is a unique...City of Inglewood well-maintained and charming 4 unit property. The front residence with its sitting porch and front yard is quaint and holds 2 bedrooms and 1 bathroom. Two of the rear residences have both 1 bedroom and 1 bathroom each and the 3rd unit is a single. Stable rents and low overhead puts this at a projected 5.9% cap rate. The front residence will be delivered vacant. Convenient to public transportation, eateries, house of worship and just 2 miles from the new Rams stadium, this is a unique opportunity to own and be a part of the burgeoning Inglewood scene. Please DO NOT WALK ON PROPERTY OR DISTURB OCCUPANTS. Drive by only. Buyer to verify square footage (lot and structure) and all MLS information. Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or un-permitted spaces, or other information concerning the property.
  1. Listed by Traci Bates • DRE #01833638 • Brokerage DRE #01317929 • Keller Williams Larchmont
  2. Listed by Lorna Hennington • DRE #01842983 • Brokerage DRE #01317929 • Keller Williams Larchmont

Property Details for 127 North Cedar Avenue

Zoning
INR4*
Parcel Number
4018010004
Total Units
4.0
Living Area
2244
Source Living Area
Assessor
Area
North Inglewood (101)
Vacancy Rate
0
Lot Size Area
6756

Location

Listing Courtesy of Keller Williams Larchmont, Traci Bates, DRE #01833638; Keller Williams Larchmont, Lorna Hennington, DRE #01842983

Sold By RE/MAX ESTATE PROPERTIES, Elizabeth C. Layne, DRE #01415795

Add your commute
LISTING UPDATED: 06/12/2020 06:19 PM

Property Details for 127 North Cedar Avenue

StatusSold
MLS #20-568160
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 6,756 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Traci Bates, DRE #01833638; Keller Williams Larchmont, Lorna Hennington, DRE #01842983

Sold By RE/MAX ESTATE PROPERTIES, Elizabeth C. Layne, DRE #01415795

Add your commute

Building Information for 127 North Cedar Avenue

Stories-Residences-Year Built1924Building Size-Lot Size0.16 AC / 6,756 SF

Payment Calculator

$5,551 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,562

Property Taxes

$989

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 North Cedar Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: QUAD
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To Existing Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $59,700
  • Net Operating Income: $47,728.00
  • Gross Income: $59,700
  • Cap Rate: 5.90%
  • Gross Rent Multiplier: $15.05
  • Actual Annual Gross Rent: $35,700.00
  • Actual Gross Annual Income: $35,700
  • Actual Rent Total: $35,700.00
  • Total Annual Expense: 11972
  • Water Expense: $600.00
  • Electric Expense: $.00
  • Trash Expense: $600.00
  • Other Expense: $600.00
  • Tax Expense: $11,000
  • Insurance Expense: $3,528
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6756
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Garage - 2 Car
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Single Door, Garage - Two Door
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Refrigerator
  • Laundry: Other
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-31-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,155.00
  • Unit Actual Rent: $13,860.00
  • Unit Projected Rent: $1,350.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $16,200.00
  • Unit Projected Rent: $1,350.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $470.00
  • Unit Actual Rent: $5,640.00
  • Unit Projected Rent: $700.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $85,925.00
  • Assessed Land Value: $173,880.00

Property History for 127 North Cedar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 North Cedar Avenue

Taxable ValueLand$525,588Additions$353,194Total$878,782
Tax Record2023$11,866 ($989 / month)
Home Facts
Total Finished SqFt2,244 SqFtAbove Grade Finished SqFt2,244 SqFtLot Size6,756 SqFtStyleQuadraplexYear Built1924ZoningINR4*CountyLOS ANGELESAPN4018-010-004

Schools near 127 North Cedar Avenue

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Hudnall (Claude) Elementary School
PublicK to 6

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Larchmont, Traci Bates, DRE #01833638; Keller Williams Larchmont, Lorna Hennington, DRE #01842983

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.