Description
941 & 945 N Cedar Street (2 properties for a total of 24 units) *Upgraded Community includes New Exterior Paint and Siding, Landscaping, Windows, Security Gate with Intercom, and Planter Boxes *Double Lot with Two Parcel Numbers *Good Unit Mix of One- and Two- BedroomsEleven of the Units are Fully Renovated; Three are Partially Renovated; and 10 are Not Yet Renovated *Assumable Fixed Rate Loan: 3.64% interest rate *Convenient access to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
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28BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
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16,206SQFT
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$432$/SQFT
School Ratings & Info
Description
941 & 945 N Cedar Street (2 properties for a total of 24 units) *Upgraded Community includes New Exterior Paint and Siding, Landscaping, Windows, Security Gate with Intercom, and Planter Boxes *Double Lot with Two Parcel Numbers *Good Unit Mix of One- and Two- BedroomsEleven of the Units are Fully Renovated; Three are Partially Renovated; and 10 are Not Yet Renovated *Assumable Fixed Rate Loan: 3.64% interest rate *Convenient access to SoFi Stadium, Hollywood Park, the Forum and the Intuit Dome (coming Fall 2024) *Rents shown are averages *PART OF AN 11-PROPERTY PORTFOLIO totaling 221 units, all located in prime LA County locations, including Inglewood (9 properties); Hawthorne (1 property); and Beverly Hills adjacent (1 property). The properties Can be Purchased Together, Individually, or In Any Combination. The Portfolio offers an attractive selection of one-, two-, and three-bedroom units, with spacious units averaging nearly 1,000 SF. There is tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Attractive fixed rate assumable financing with an average interest rate of 3.72% is available. *See Property website for OMs, rent rolls and other information for ALL Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.