Inglewood, CA 90304,4740 Lennox BLVD
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Inglewood, CA 90304,4740 Lennox BLVD
Inglewood, CA 90304,4740 Lennox BLVD

$1,300,000

Est. payment /mo

$1,400,000

7.1%
Est.Price: ?

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4740 Lennox BLVD Inglewood, CA 90304

7,095 Sqft Lot

SOLD DATE : 11/10/2021

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21784382

Sold Date 11/10/21

HOA Y/N No

Year Built 1962

Lot Size 7,095 Sqft

Property Description

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

Location

State CA

County Los Angeles

Area 105 - Lennox

Zoning LCR3YY

Interior

Heating WallFurnace

Cooling CentralAir

Fireplace No

Exterior

Garage Carport

Parking Type Carport

Total Parking Spaces 6

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 4037001002

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jonathan Weir • Marcus & Millichap
Bought with Jonathan Weir • Marcus & Millichap

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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