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$1,400,000
4740 Lennox Blvd, Inglewood, CA 90304
10 Beds
6 Baths
4,897 sqft

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We are pleased to present 4740 Lennox Boulevard, a 6-unit investment property in Inglewood, California. The property is located between Inglewood and Delrose Avenues just blocks from the 405/105 Interchange. This area is a solid majority-renter market with low vacancy rates. 4740 Lennox Boulevard consists of four 2 bedroom 1 bathroom units and two 1 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers six covered parking spaces in addition to surface parking. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. PROPERTY HIGHLIGHTS-Over 48% Increase in NOI, Majority 2 Bedroom Units, Low Price Per Unit, Central Location
  • Price:
  • $1,400,000
  • Bedrooms:
  • 10
  • Square Footage:
  • 4,897
  • Acreage:
  • 0.16
  • Year Built:
  • 1962
  • Listing ID #:
  • 21-784382
  • Street Address:
  • 4740 Lennox Blvd
  • City:
  • Inglewood
  • State:
  • California
  • Postal Code:
  • 90304
  • County:
  • Los Angeles
  • Community:
  • Lennox
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Number Of Units:
  • 6
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 4897
  • Year Built:
  • 1962
  • Gross Income:
  • 81600
  • Net Operating Income:
  • 45070.00
  • Conforms To Zoning:
  • Lcr3yy
  • Lot Square Footage:
  • 7096
  • Days On Market:
  • 37
  • Price Per Square Foot:
  • 285.89
  • Parking Description:
  • Carport
  • Parking Spaces:
  • 6
  • Cooling System:
  • Central
  • Heating:
  • Wall
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Jonathan Weir of Marcus & Millichap
  • CACLAW

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