4932 Lennox, Inglewood, CA 90304
Local realty services provided by:ERA Excel Realty
4932 Lennox,Inglewood, CA 90304
$1,500,000
- - Beds
- - Baths
- 6,836 sq. ft.
- Multi-family
- Pending
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 approaching 7%, and a projected GRM below 10, 4932 Lennox Blvd offers investors multiple paths to increase income and create long-term value in one of Los Angeles County’s most active investment markets.
Located just minutes from SoFi Stadium, Intuit Dome, Hollywood Park, YouTube Theater, and LAX, the property benefits from strong employment drivers, entertainment demand, and continued economic growth throughout the area....
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Home facts
- Year built:1961
- Listing ID #:SB26124578
- Added:114 day(s) ago
- Updated:October 01, 2026 at 09:03 AM
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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