4932 Lennox, Inglewood, CA 90304

Inglewood
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4932 Lennox,Inglewood, CA 90304
$1,500,000
  • - Beds
  • - Baths
  • 6,836 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26124578
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$219.43

About this home

4932 Lennox Blvd presents a value-add investment opportunity in the heart of Inglewood, one of Southern California’s fastest-growing multifamily markets. Situated on an 8,262 SF LCR3YY-zoned lot, the property consists of eight units comprised of (7) 2+1 units and (1) 1+1 unit. The asset offers a combination of strong in-place income, rental upside, and future development potential in a market benefiting from significant ongoing investment. Current rents remain below market, creating over $87,000 in projected annual rental upside and the opportunity to significantly increase NOI through unit turnover and strategic rent repositioning. Additionally, the property’s existing layout may provide the ability to develop up to four ADUs, offering another avenue to increase income and long-term value. Buyer to verify all development potential with the City of Inglewood. With over $87,000 in projected rental upside, potential for up to four new ADUs, a projected stabilized cap rate...

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Home facts

  • Year built:1961
  • Listing ID #:SB26124578
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 03:28 PM

Rooms and interior

  • Living area:6,836 sq. ft.

Structure and exterior

  • Year built:1961
  • Building area:6,836 sq. ft.
  • Lot area:0.19 Acres
  • Lot Features:Landscaped, Near Public Transit, Paved, Yard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$219.43

Parking

  • Total parking spaces:5
  • Parking description:5 Carport Space(s), Carport, Covered, Driveway, Paved
  • Carport spaces:5
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