Triplex with Detached Front
For Sale
$1,000,000
124 N Cedar, Inglewood, CA 90301
Three separate living units include a two-story rear duplex and parking for up to six vehicles.
Property Size2,069 SF
Days on Market8
Property Features for 124 N Cedar
General Information
Standard status
Active
Size
2,069 SF
Total Parking Spaces
6
Property subtype
Investment
Units
Unit Mix
2 x 2BR/1BA, 1 x studio
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Building Size
2,069 SF
Year Built
1923
Buildings
2
Stories
2
Units
3
Listed By:
Sergio Bedolla
(562) 480-3573
Source:
Elliman
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 12 at 9:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sergio Bedolla
Investment Insights
Based on property information with market context.
This triplex combines a detached two-bedroom, one-bath home at the front with a two-story duplex behind it. The duplex contains an upstairs two-bedroom, one-bath unit and a lower studio/single unit currently configured as a one-bedroom. Two single-car garages are part of the rear building. Improvements include newer windows, central air and heat in two units, and wall-mounted air conditioning in the lower rear unit. The property was built in 1923.
Parking accommodates up to six vehicles, including the garages. The address is 124 N Cedar in Inglewood, California. Walk Score is 84, Bike Score is 56, and Transit Score is 54.
Parking accommodates up to six vehicles, including the garages. The address is 124 N Cedar in Inglewood, California. Walk Score is 84, Bike Score is 56, and Transit Score is 54.
Key Highlights
- Three existing units: detached 2‑bedroom, 1‑bath home and two rear duplex units
- Rear duplex is two stories, with an upstairs 2‑bedroom, 1‑bath unit and a lower studio/single currently used as a 1‑bedroom
- Two single‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,350
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,000
$587.0K
Cap Rate 7%
$419,286
$419.3K
Cap Rate 9%
$326,111
$326.1K
Market Conditions
NOI Build-Up for 2,069 SF
Gross rent
$42.2K $20.40/SF
− Vacancy
−$279 −$0.13/SF
EGI
$41.9K $20.27/SF
− OpEx
−$12.6K −$6.08/SF
NOI
$29.4K $14.19/SF
Area
Inglewood, CA
Vacancy
0.66%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,000
Cap Rate 7%
$419,286
Cap Rate 9%
$326,111
Alternative Uses
Best Use
Multifamily LT 5
$419.3K
$366.9K – $489.2K
NOI $29,350 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$366.1K
$320.4K – $427.1K
NOI $25,628 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$844.2K
$738.6K – $984.9K
NOI $59,091 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,785
Businesses Nearby
Explore this area
Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate living units include a two-story rear duplex and parking for up to six vehicles.
Where is this triplex located?
The property is located at 124 N Cedar Inglewood, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Three existing units: detached 2‑bedroom, 1‑bath home and two rear duplex units; Rear duplex is two stories, with an upstairs 2‑bedroom, 1‑bath unit and a lower studio/single currently used as a 1‑bedroom; Two single‑car garages
