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
Off market
$1,459,200
4740 Lennox Blvd, Inglewood, CA 90304
10beds
6baths
4,897sqft
MultiFamily
Built in 1962
-- sqft lot
$1,459,200 Zestimate®
$298/sqft
$3,337 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall
Cooling
- Central
Interior area
- Total interior livable area: 4,897 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
Lot
- Size: 7,095 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1962
Community & neighborhood
Location
- Region: Inglewood
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- SourceLivingArea: Assessor
- Cooling: Central
- ParkingGarage: Carport
- Country: US
- SourceLotSizeDimensions: Vendor Enhanced
- ListingStatus: Pending
- ListingArea: Lennox
- UnitTypeType: 2106, 2107
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Estimated market value
$1,459,200