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949 N Cedar Street
Inglewood, CA 90302
Asking Price
$3.10M
Cap Rate
5.23%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 11 Units | $281,818/unit <ul><li>Rare Bungalow-Style Apartment Community - 949 N Cedar St consists of 11 units spread across seven separate structures, creating a low-density residential environment that is highly desirable among tenants and rarely available to investors.</li><li>Massive 27,744 SF Lot - The property sits on an oversized parcel, providing significant intrinsic land value and long-term investment appeal in one of Inglewood's most sought-after neighborhoods.</li><li>Strong In-Place Cash Flow with Rental
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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303
