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$4,475,000
24 Baths ⋅ 26942665 MLS ⋅ Active Status
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

11123 S Inglewood Avenue, Inglewood
$1,050,000
PV26176520 MLS ⋅ Active Status
Three houses on a large lot with plenty of parking, each with 3 bedrms and 2 baths. Unit 4848 is nicely remodeled throughout with newer cabinets and new appliances in the kitchen, fresh paint, laminate wood flooring, and has washer/dryer hookups in the back! Ideal for an owner occupant. It also has a small yard area for pets! Only one block to the middle school. With potential rent on unit 4848, the income can possibly be $90k/yr but Buyer to verify. Many homes in the area are updated. Conveniently located. The other two units have excellent long-term tenants, and each separate home has laundry hookups- a great advantage when renting! The front house has a laundry room inside, a large yard area and a patio area in the back. There are two enclosed garages with additional income- $180/mo for garage (4846) and $110/mo (4842). Other properties in the area with much smaller lots have added ADUs! Property has been maintained and being sold as-is. Expenses are incomplete from property manager. Water ($5133) probably includes trash.

4846 W 111th Place, Inglewood

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.