4928 Lennox, Inglewood, CA 90304
Local realty services provided by:ERA Donahoe Realty
4928 Lennox,Inglewood, CA 90304
$1,100,000
- 9 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26124346
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,100,000
About this home
4928 Lennox Blvd presents a unique opportunity to acquire a well-located apartment property in the heart of Inglewood, one of Southern Californias fastest-growing rental markets. Situated on a 7,512 SF LCR3YY-zoned lot, the property consists of (1) 3+1 unit, (3) 2+1 units, and (1) non-conforming studio unit, offering investors a compelling combination of current income, rental upside, and future development potential. A key investment advantage is that the property is currently recognized as a 4-unit property with a non-conforming fifth unit, potentially allowing qualified buyers access to residential financing options that are often unavailable on traditional 5+ unit multifamily properties. This structure may provide more favorable financing terms, lower down payment requirements, and greater buyer accessibility. Buyers should independently verify financing eligibility with their lender. In addition to its attractive financing profile, the property offers a significant ADU value-add opportunity. The existing carport area may provide the ability to develop up to four new ADUs, creating a rare opportunity to substantially increase rental income and long-term property value. Combined with the propertys existing rental upside, the ADU potential creates multiple paths to enhance returns. Buyer to independently verify all ADU potential, development feasibility, zoning requirements, parking requirements, and unit count with the City of Inglewood. Current ownership has maintained rents substantially below market levels, creating an opportunity for a new investor to increase income...
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Home facts
- Listing ID #:SB26124346
- Added:159 day(s) ago
- Updated:November 15, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
Finances and disclosures
- Price:$1,100,000
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