$1,500,000
4932 Lennox, Inglewood CA 90304
Multi-Family (8 Units)
Property type
7 days
On market
$219
Price per sqft
0 cars
Garage
1961
Year built
8,265 sqft
Lot size
Open Houses
Overview
4932 Lennox Blvd presents a value-add investment opportunity in the heart of Inglewood, one of Southern California’s fastest-growing multifamily markets. Situated on an 8,262 SF LCR3YY-zoned lot, the property consists of eight units comprised of (7) 2+1 units and (1) 1+1 unit. The asset offers a combination of strong in-place income, rental upside, and future development...
Listing provided by: Cameron Samimi DRE #02035763, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Jun 10, 2026 at 07:39am.
Last checked: Jun 15, 2026 at 12:01am
Source: CRMLS #SB26124578
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $2,650 | $2,650 | — |
| 1 | 2 | 1 | — | $1,350 | $1,350 | $2,650 | — |
| 1 | 2 | 1 | — | $2,500 | $2,500 | $2,650 | — |
| 1 | 1 | 1 | — | $1,259 | $1,259 | $2,100 | — |
| 1 | 2 | 1 | — | $1,406 | $1,406 | $2,650 | — |
| 1 | 2 | 1 | — | $1,240 | $1,240 | $2,650 | — |
| 1 | 2 | 1 | — | $1,215 | $1,215 | $2,650 | — |
| 1 | 2 | 1 | — | $1,735 | $1,735 | $2,650 | — |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 7
Total Actual Rent: $13,355
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
9.4x
List Price / Annual Gross Rent
Cap Rate
6.85%
NOI / List Price
Gross Scheduled Income: $160,261
Vacancy Allowance: $4,808
Operating Expense: $52,758
Net Operating Income: $102,695
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $8,545
Maintenance: $5,200
New Taxes: $18,000
Professional Management: $8,013
Trash: $3,000
Water / Sewer: $8,800
Interior
Laundry: None
Entry Location: Ground Level
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Thirty Six To Forty Units Acre, Landscaped, Near Public Transit, Paved, Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Covered, Carport, Driveway, Paved
Garage Spaces: 0
Uncovered Spaces: 0
Carport Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4039024005
Additional Parcels: No
Tax Lot: 3
Community
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks, Urban