124 N Cedar
Inglewood — 3 units / 2,069 sf building
Listing Agent: Sergio Bedolla, Sergio Bedolla
Units
3
Building Size
2,775 sf
Lot Size
9,663 sf
Status
Active
Listing Agent: Bill Ruane, Estate Properties
Inglewood
About This Property
Prime opportunity for investors looking to acquire a well-positioned income property in the heart of one of Los Angeles’ most active growth areas. This fully occupied triplex sits on a sizable lot in close proximity to SoFi Stadium and the new Clippers arena, offering both immediate rental income and exciting long-term possibilities. Each of the three units features a spacious 3-bedroom, 1-bathroom configuration with practical layouts and washer/dryer hookups. The property is currently occupied by established long-term tenants, and recent rental increases provide an attractive income profile for the next owner. Beyond the existing income stream, the generous lot may offer additional development potential, including the possibility of expanding to 6+ units, subject to buyer’s investigation and verification with the City and all applicable agencies. With convenient access to major entertainment destinations, transportation, employment centers, and substantial new development throughout the surrounding area, this property is well suited for investors seeking a combination of dependable occupancy, rental upside, and future development potential.
Unit Mix
Neighborhood
This property is located in Inglewood. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,199,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Bill Ruane
Estate Properties
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