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$4,475,000
New Listing

11123 S Inglewood Avenue
Inglewood, CA90304

For Sale|Residential Income|Active
0
Beds
24
Total Baths
7,592
SqFt
$589
/SqFt
1957
Built
County:
Los Angeles
Listed by Jerome McAlpin of McAlpin & Company [email protected]

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562.846.5359
11123 S Inglewood Avenue11123 S Inglewood Avenue11123 S Inglewood Avenue11123 S Inglewood Avenue
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11123 South Inglewood Avenue is a well-maintained, 24-unit multifamily community located in the unincorporated Los Angeles County submarket of Lennox, immediately adjacent to the City of Inglewood. Comprising 7,592 square feet on an 8,641-square-foot lot (zoned LCC2*), the building features an efficient, all-studio unit mix. The property offers stable, immediate cash flow coupled with exceptional upside potential. Current rents range from $1,146 to $1,595 per month, with existing leases trailing prevailing market averages. With two current vacancies, an incoming owner has the immediate opportunity to achieve top of-market rents, as well as tremendous upside upon turnover. Strategically positioned between LAX and the Inglewood Sports & Entertainment District, this asset enjoys exceptional connectivity to major regional employment centers and infrastructure developments

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Listing Snapshot
Price 
$4,475,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,592 sqft
Total Baths 
24
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1984 Acres
Year Built 
1957
MLS® Number 
26942665
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.1984
Direction Faces 
North
Levels 
Two
Number Of Stories 
2
Parking Spaces 
13
Special Circumstances 
Standard
SqFt Total 
7592
Style 
Contemporary
Zoning 
LCC2YY
Interior Features
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Spa Features 
None
View 
City Lights
Waterview 
City Lights
Community Features
Financing Terms Available 
CashConventional
MLS Area 
105 - Lennox


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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