11123 S Inglewood Avenue Inglewood, CA ^$ 4,475,000

11123 S Inglewood Avenue

^$ 4,475,000

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Recently Listed

11123 S Inglewood Avenue

Inglewood, CA, 90304

^$ 4,475,000

Studio Baths24.0 Sq 7,592

Monthly Estimate*

^$ 28,256

Listed by McAlpin & Company

11123 S Inglewood Avenue, Inglewood, CA 90304 - Image 1

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11123 S Inglewood Avenue, Inglewood, CA 90304 - Image 8

11123 S Inglewood Avenue, Inglewood, CA 90304 - Image 9

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Studio

Multi-Family Home for sale in Inglewood, CA

for $4,475,000 with 24 full baths. This 7,592 square foot home was built in 1957 on a lot size of 0.1984.

11123 South Inglewood Avenue is a well-maintained, 24-unit multifamily community located in the unincorporated Los Angeles County submarket of Lennox, immediately adjacent to the City of Inglewood. Comprising 7,592 square feet on an 8,641-square-foot lot (zoned LCC2*), the building features an efficient, all-studio unit mix. The property offers stable, immediate cash flow coupled with exceptional upside potential. Current rents range from $1,146 to $1,595 per month, with existing leases trailing prevailing market averages. With two current vacancies, an incoming owner has the immediate opportunity to achieve top of-market rents, as well as tremendous upside upon turnover. Strategically positioned between LAX and the Inglewood Sports & Entertainment District, this asset enjoys exceptional connectivity to major regional employment centers and infrastructure developments

Multi-Family Active

Price

^$ 4,475,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1984

Year Built

1957

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

26942665

Days on Market

Features

General

Living Area 7592

Heating Wall Furnace

Cooling None

Possession Close Of Escrow

Zoning LCC2YY

Architectural Style Contemporary

Pool Features None

Year Built 1957

View City Lights

Stories Count 2

Levels Two

Gross Income 411396

Accessibility None

County Los Angeles

Net Operating Income 284098

New Construction false

Property Type Residential Income

HOA false

Facing Direction North

Full Baths 0

Special Listing Conditions Standard

Status Active

Buyer Financing Cash Conventional

Directions East of the 405 between Century and Imperial

City Inglewood

Senior Community Y/N false

Number Of Units Total 24

MLS Area 105 - Lennox

Lot Size Units Square Feet

Lot Size Square Feet 8641

Listing Terms Cash Conventional

Spa Features None

Standard Status Active

Cap Rate 6.35

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Common Area

Total Bedrooms 0

Total Baths 24

Exterior

Parking Features Uncovered

Total Parking 13

Lot Size Area 8641

Number of Buildings 1

Spa false

Building Area Total 7592

Lot Size Acres 0.1984

Private Pool false

* Excluded Features

List By

Mcalpin & Company

Broker

jerome@mcalpinco.com

Affordability Calculator

$28,256

Per Month

Monthly Principal & Interest: $28,256
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Inglewood, CA

Average List Price ^$1,698,517

Percent of Sale Price 62%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/2/2026	$4,475,000		Listed Price

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11123 S Inglewood Avenue, Inglewood, CA, 90304 is a Multi-Family Home for sale at $4,475,000 with 7,592 sqft and a lot size of 0.1984. 11123 S Inglewood Avenue is a studio with 24.0 baths and was built in 1957. The property's zip code is 90304 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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11123 S Inglewood Avenue

Multi-Family Home for sale in Inglewood, CA

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