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11123 S Inglewood Avenue — photo 1
1 / 16

Units

24

Building Size

7,592 sf

Lot Size

8,641 sf

Status

Active

Listing Agent: Jerome McAlpin, McAlpin & Company

Inglewood

11123 S Inglewood Avenue

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

Unit Mix

  • 1 unit · 0bd / 1ba

Neighborhood

This property is located in Inglewood. Want to learn more about the area?

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Asking Price

$4,475,000

Est. Monthly Payment

$28,595/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Jerome McAlpin

McAlpin & Company