N/A
Bedrooms
$4,475,000
FOR SALEInglewood, CA
MLS# 26942665
Jerome McAlpin
Listing Agent
McAlpin & Company
DRE #: 00939725
(310) 437-4172Brokerage: McAlpin & Company
N/A
Bedrooms
24
Bathrooms
7,592 sqft
Square Feet
1957
Year Built
8,641 sqft
Lot Size
$589
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
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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11123 S Inglewood Avenue
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