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941 N Cedar Street
USD 7,000,000
Property ID: 23302383
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941 N Cedar Street ,90302
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icon 25003 SqFt
icon Built in 1956
icon USD 280/SqFt
icon 28 Beds
icon 24 Full
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Location
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Interior Details
Bedrooms
28
Bathrooms
24
Interior Size
16206
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1956
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Detailed Introduction Of This Home
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. The Portfolio offers tremendous value-add opportunity with in-place rents averaging approximately $2,135/u/month and only $2.12 psf. Nine of the eleven properties have attractive fixed rate assumable financing with an average interest rate of 3.72% is available (see Loan Summary in OMs for individual property details). *See Property website for OMs, rent rolls and other information for ALL Properties.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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941 N Cedar Street
USD 7,000,000 28 Beds
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