11123 S Inglewood Avenue, Inglewood, CA 90304
List Price: $4.47M
Listing Status: Hold
0Days on Market: 0
0 Bedrooms · 24 Bathrooms · 7,592 sq ft
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 8,641 sq ft
Private Pool: Yes
MLS Number: 26942665
About This Property
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
Listing provided by: Jerome McAlpin DRE #00939725 310-437-4172 jerome@mcalpinco.com, McAlpin & Company
Source: CRMLS, MLS #: 26942665
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.