11123 S Inglewood Ave, Inglewood, CA 90304
11123 S Inglewood Ave, Inglewood, CA 90304
11123 S Inglewood Ave, Inglewood, CA 90304
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John Matukas

John Matukas

+1(323) 377-4961
$4,475,000
Est. payment /mo
24 Baths
7,592 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,592 sqft

Price per Sqft $589

MLS Listing ID 26942665

Style Contemporary

Year Built 1957

Lot Size 8,641 Sqft

Acres 0.1984

Property Sub-Type Multi-Family

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

Location

State CA

County Los Angeles

Area Lennox

Zoning LCC2YY

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling None

Equipment None

Laundry Community

Exterior

Parking Features Uncovered

Garage Spaces 13.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Handicap Access None

Building

Story 2

Architectural Style Contemporary

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by McAlpin & Company

NEARBY SCHOOL & BUSINESS

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John Matukas

John Matukas

+1(323) 377-4961

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