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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$4,475,000

Est. payment - /mo

24 Baths

7,592 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,592 sqft

Price per Sqft $589

MLS Listing ID 26942665

HOA Y/N No

Year Built 1957

Lot Size 8,642 Sqft

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 105 - Lennox

Zoning LCC2YY

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Common Area

Exterior

Parking Features Uncovered

Pool None

View Y/N Yes

View City Lights

Accessibility None

Total Parking Spaces 13

Private Pool No

Building

Faces North

Story 2

Entry Level Two

Architectural Style Contemporary

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4039020004

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Listed by Jerome McAlpin McAlpin & Company #00939725

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

11123 S Inglewood AVE Inglewood, CA 90304

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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