Active

4932 Lennox

Inglewood, CA 90304

$1,500,000 $6,324/Mo

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Overview

Bed

Bath

6,836

Sqft

8,265

Sqft(Lot)

Description

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 va lue. 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.

Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 81922887

MLS Id : SB26124578

Lot Size : 8,265 Sqft

Living Area Size : 6,836

Year Built : 1961

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1961 Building Area Total: 6,836
Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1897
Lot Size Source: Assessor Lot Size Square Feet: 8265

Listing Price Information

Original List Price: 1,500,000 Listing Contract Date: 2026-06-01
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4039024005

Garage and Parking

Garage Description: Covered,Carport,Driveway,Paved

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: 105 - Lennox Directions: 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. Source Property Type: Residential Income Area: 105 - Lennox Property SubType: Apartment
Building and Construction

Property Age: 65 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: Ground Level Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4302 W 106th, Inglewood, CA, 90304	$1,025,000	3	3	1,504	1,504 SqFt
4322 W 106th, Inglewood, CA, 90304	$2,900,000	--	--	6,698	6,698 SqFt
11319 Larch Avenue, Inglewood, CA, 90304	$1,300,000	2	1	1,336	1,336 SqFt
10829 Firmona Avenue, Inglewood, CA, 90304	$916,500	3	2	1,860	1,860 SqFt
10333 Inglewood Avenue, Inglewood, CA, 90304	$1,650,000	4	4	3,248	3,248 SqFt
10925 Dalerose, Inglewood, CA, 90304	$899,999	5	2	1,729	1,729 SqFt
10613 S Inglewood Avenue, Inglewood, CA, 90304	$1,650,000	11	--	5,528	5,528 SqFt
10923 S Inglewood Avenue, Inglewood, CA, 90304	$825,000	4	--	2,512	2,512 SqFt
4921 W 104th St, Inglewood, CA, 90304	$795,900	3	2	836	836 SqFt
5018 W 111th Pl, Inglewood, CA, 90304	$699,999	4	3	1,683	1,683 SqFt

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ByOwner last updated this listing 06/11/2026 @ 16:49

MLS: SB26124578 LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS