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11121 S Freeman Ave Inglewood, CA 90304

For Sale
$1,200,000

Four-unit apartment building in Lennox with value-add potential.

Property size:
2,964 SF
Lot size:
0.30 Acres

Property Features for 11121 S Freeman Ave

General Information

Size
2,964 SF
Lot size
0.30 Acres

Building Details

Year built
1953

Source: Keller Williams South Bay Agent Woody Stahl

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lennox Four-Unit Apartment Building

This four-unit apartment building is located in Lennox. The property features 2,964 rentable square feet on a 13,086 square foot lot. The unit mix consists of four 2-bed/1-bath units. There are four private one-car garages, and one unit is currently vacant. The property is located two miles from both the Intuit Dome and SoFi Stadium. There is potential to add an ADU, and further expansion possibilities under California’s SB9 legislation may allow for a lot split or additional units; buyers should verify these possibilities. The property is intended as an investment opportunity with potential for approximately 50% rental upside and a projected market CAP rate of 6.85%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Inglewood
County
Los Angeles
State
California
Longitude
-118.3483999
Latitude
33.9339284

FAQs

What type of property is this?
Quadplex - Four-unit apartment building in Lennox with value-add potential.
Where is this quadplex located?
The property is located at 11121 S Freeman Ave Inglewood, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Significant (50%) Rental Upside with a potential market CAP rate of 6.85%.; - Prime Location: Just 2 Miles From the Intuit Dome and SoFi Stadium.; - Strong Unit Mix: Features (4) 2-Bed/1-Bath units.
More about this property
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