Pending

4928 Lennox

Inglewood, CA 90304
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Bed 9

Bed

Bath 4

Bath

SqFt7,514

Sqft(Lot)

4928 Lennox Blvd presents a unique opportunity to acquire a well-located apartment property in the heart of Inglewood, one of Southern California’s 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, a nd 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 property’s 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 through unit turnover and strategic rent repositioning. Based on market rents outlined in the offering, the property offers over $69,000 in projected annual rental upside, providing a clear path toward increased cash flow even before pursuing any future development.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 81922902

MLS Id : SB26124346

Beds : 9

Lot Size : 7,514 Sqft

Year Built : 1941

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1941
    Building Area Total: 4344
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7514 Lot Size Acres: 0.1725 Lot Size Source: Assessor Lot Size Square Feet: 7,514 Lot Description: ZeroToOneUnitAcre,NearPublicTransit,Paved,Yard

  • Listing Price Information

    Listing Price: $1100000
    Cash, Conventional

  • Tax Information

    Parcel Number: 4039024006 Tax Lot: 4

  • Location Information

    Direction: From the I-105 Freeway, exit at Hawthorne Blvd/Prairie Ave, head north on Hawthorne Blvd, then turn left onto Lennox Blvd. The property is located at 4928 Lennox Blvd, Inglewood, CA 90304. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4115 W 102nd Street, Inglewood, CA, 90304 $650,000 4 2 1,677 1,677 SqFt
4322 W 106th, Inglewood, CA, 90304 $2,900,000 -- -- 6,698 6,698 SqFt
11319 Larch Avenue, Inglewood, CA, 90304 $1,100,000 2 1 1,336 1,336 SqFt
11031 Burin, Inglewood, CA, 90304 $1,648,700 13 -- --
11031 S Burin Avenue, Inglewood, CA, 90304 $1,648,700 13 9 4,946 4,946 SqFt
10829 Firmona Avenue, Inglewood, CA, 90304 $916,500 3 2 1,860 1,860 SqFt
10315 Condon Ave, Inglewood, CA, 90304 $999,000 3 2 1,797 1,797 SqFt
10333 Inglewood Avenue, Inglewood, CA, 90304 $1,650,000 4 4 3,248 3,248 SqFt
10925 Dalerose, Inglewood, CA, 90304 $849,999 5 2 1,729 1,729 SqFt
10923 S Inglewood Avenue, Inglewood, CA, 90304 $725,000 4 3 2,512 2,512 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 04:50

MLS: SB26124346 LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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