11123 S Inglewood Ave, Inglewood, CA 90304
- $4,475,000
- 24
- BA
- 7,592
- SqFt
- List Price
- $4,475,000
- MLS#
- 26942665
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 24
- Living Area
- 7,592
Property Description
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
Additional Information
- Year Built
- 1957
- View
- City
- Garage
- Uncovered
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Courtesy of McAlpin & Company, Jerome McAlpin.
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