Property Details
About this Property
-4 Unit Apartment Building in Lennox | 2,964 RSF on a 13,086 SF Lot -Strong Unit Mix: (4) 2-Bed/1-Bath -3.70% CAP Rate | $300,000/Unit | $404.86/SF | 14.97 GRM -Opportunity for ADU (Buyer to Verify) | Potential SB9 Lot Split/Additional Units (Buyer to Verify) -50% Rental Upside | Market Cap Rate of 6.85% -Only 2 Miles From the Intuit Dome and SoFi Stadium -(4) Private One-Car Garages | (1) Currently Vacancy Unit This 4-unit apartment building presents an excellent investment opportunity in Lennox, a market positioned for continued growth and strong tenant demand. Situated on a large 13,086 SF lot, the property features 2,964 rentable square feet and a favorable unit mix consisting of (4) 2-Bed/1-Bath units, providing well-balanced layouts that appeal to a wide range of renters. Priced at $300,000 per unit and $404.86 per square foot, the asset offers an attractive entry CAP rate of 3.70% with significant room for growth, as investors can target approximately 50% rental upside and a projected market CAP rate of 6.85%. Beyond strong in-place fundamentals, the property presents multiple avenues for value creation, including the potential to add an ADU (buyer to verify) and further expansion possibilities under California’s new SB9 legislation, which may al
MLS Listing Information
MLS #
CRPW25192533
MLS Source
California Regional MLS
Days on Site
4
Interior Features
Laundry
Community Facility
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Contact Information
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 425-9838
Co-Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
11121 S Freeman Ave is a Residential Income in Inglewood, CA 90304. This – square foot property sits on a 13,086 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1953. This address can also be written as 11121 S Freeman Ave, Inglewood, CA 90304.
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This listing information is up-to-date as of August 27, 2025. For the most current information, please contact Woody Stahl, (310) 425-9838
