4932 Lennox
Inglewood, CA 90304
15
Bed
8
Bath
8,265Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1961Building Area Total: 6836Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 8265 Lot Size Acres: 0.1897 Lot Size Source: Assessor Lot Size Square Feet: 8,265 Lot Description: ThirtySixToFortyUnitsAcre,Landscaped,NearPublicTransit,Paved,Yard
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Listing Price Information
Listing Price: $1500000Cash, Conventional
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Tax Information
Parcel Number: 4039024005 Tax Lot: 3
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Virtual Tour
Parking Information
Parking Total: 5 Covered, Carport, Driveway, Paved
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Location Information
Direction: From I-105, exit Hawthorne Blvd/Prairie Ave. Head north on Hawthorne Blvd, turn left on Lennox Blvd. Property is located on Lennox Blvd near Hawthorne Blvd. 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 |
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ByOwner last updated this listing 08/26/2026 @ 04:50
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