$2,200,000
About this home
Excellent income-producing opportunity in a prime Inglewood location. The property consists of 6 units, with 5 units currently occupied, delivering $10,550 in current monthly income. Upon lease-up of the remaining vacant unit, pro forma monthly income increases to $13,550 ($162,600 annually), offering immediate NOI growth and cap rate expansion. Positioned on Lennox Blvd with strong street visibility and convenient access to major freeways, this asset benefits from consistent tenant demand in a rapidly improving market. The flexible office configuration supports a variety of professional uses, helping reduce vacancy risk and diversify income streams. With stable in-place income and value-add potential, this property is well-suited for investors seeking a solid foothold in one of LA County’s most active growth corridors. Ideal for long-term hold, portfolio expansion, or 1031 exchange replacement property. Conveniently located near Los Angeles International Airport with quick access to major freeways.
Facts & features
- Laundry
- None
- Lot size
- 0.12 acres (5,233 sq ft)
- Year built
- 1924
- Area
- 699 - Not Defined
- County
- Los Angeles
- Status
- Active
- Property type
- Office
- Days on market
- 59
- Listed
- 2026-02-24
- Original price
- $2,300,000
- Parcel #
- 4037011001
- MLS #
- SR26040548
