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24-Unit Apartment Building
For Sale
$4,475,000

11123 S Inglewood Avenue, Inglewood, CA 90304

All-studio configuration in a well-maintained multifamily building with two vacant units.

Property Size7,592 SF
Lot Size0.20 Acres
Price / SF$589.44
Days on Market10

Property Features for 11123 S Inglewood Avenue

General Information

Standard status Active
Size 7,592 SF
Lot size 0.20 Acres
Property subtype Multi-family
Zoning LCC2*

Units

Unit Mix 24 x studio
Multifamily Units 24

Building Details

Year Built 1957
Listing Agency: McAlpin & Company
Listed By: Jerome McAlpin
Source: Sevengables
Added: Aug 28 Changed: Sep 6 Last Checked: Sep 6 at 9:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McAlpin & Company

Investment Insights

Based on property information with market context.

This multifamily property contains 24 studio apartments within a 7,592-square-foot building on an 8,641-square-foot lot. Constructed in 1957, the community is described as well maintained and carries LCC2* zoning. The all-studio layout provides a consistent unit configuration across the property.

Two units are currently vacant, while existing occupied units have leases with rents below prevailing market averages. The property is located at 11123 S Inglewood Avenue, adjacent to the City of Inglewood and within unincorporated Los Angeles County.

Key Highlights

  • 24‑unit multifamily property with an all‑studio unit mix
  • 7,592‑square‑foot building on an 8,641‑square‑foot lot
  • Two current vacancies

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 90304, CA

26,058
Population
7,673
Households
3.4
Avg Household Size
33
Median Age
14%
College-Educated
56%
High-School Grad
1.6 sq mi
ZIP Area
16,286
Density / Sq Mi
$63,317
Median Household Income
$31,385
Median Earnings
$1,499
Median Rent
$696,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-studio configuration in a well-maintained multifamily building with two vacant units.
Where is this apartment building located?
The property is located at 11123 S Inglewood Avenue Inglewood, CA.
What is the asking price?
The asking price for this property is $4,475,000.
What are key features of this property?
This property features: 24‑unit multifamily property with an all‑studio unit mix; 7,592‑square‑foot building on an 8,641‑square‑foot lot; Two current vacancies
More about this property
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