For Sale Multi-Family MLS# 26942665

11123 S Inglewood Avenue

Inglewood, CA 90304

$4,475,000

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About 11123 S Inglewood Avenue

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

Property details

Property

Type
multi
Year built
1957
Living area
7,592 sqft
Price / sqft
$589
Lot
0.1984 ac
List date
Sep 1, 2026

Schools

District
Lennox Elementary School District

Location

School district
Lennox Elementary School District

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Listed by Jerome McAlpin, McAlpin & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.