119 N Cedar Avenue, Inglewood, CA 90301
- $1,500,000
- Sold Price
- $1,500,000
- List Price
- $1,799,000
- Closing Date
- Jan 31, 2025
- Status
- CLOSED
- MLS#
- PV24202830
- Year Built
- 1966
- Lot Size
- 7,501
- Acres
- 0.17
- Lot Location
- Near Public Transit, Rectangular Lot
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Legacy property, prized 7-unit apartment building in the bustling city of Inglewood. Owner by the same family for 45+ years. Located within steps to the LA Metro rail line expansion, and all the high-demand amenities that Inglewood offers. Close distance to SoFi Stadium, Kia Forum, Intuit Dome, Hollywood Park, and too much more to name. Huge units, with plenty of upside potential. Nearly 9000 sf total building size, with the 2 bedroom units ~1150 sf each, and 3 bedroom unit at over ~1600 sf. Rarely will you find an apartment building with such large units, and great unit mix. Long-term tenants in place. Gated parking area plus a garage. Buyer to verify all information contained herein.
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Additional Information
- Pool Description
- None
- View
- None
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $118,476
- Operating Expense
- 53469
Listing courtesy of Listing Agent: Rodman Amiri (rodman@meritrealestate.com) from Listing Office: Merit Real Estate.
Listing sold by Brice Head from Marcus & Millichap
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.