Duplex With Central
New
For Sale
$899,990
4125 Lennox, Inglewood, CA 90304
Two separate homes share a gated lot and include air conditioning, gas ranges, and flexible bonus rooms.
Property Size2,006 SF
Days on Market5
Property Features for 4125 Lennox
General Information
Standard status
Active
Size
2,006 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
gated
soundproof windows and doors
air conditioning
gas ranges
bonus room
central courtyard
gazebo
built-in barbecue island
storage structures
washer and dryer
gated driveway
off-street parking
detached garage
Building Details
Building Size
2,006 SF
Year Built
1921
Listing Agency:
eXp Realty of Greater Los Angeles, Inc.
Listed By:
Brandon Ilic · License #02013039
(661) 609-3445
Source:
Truthrealty
Added: Sep 22
Changed: Sep 25
Last Checked: Sep 25 at 2:14AM
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 eXp Realty of Greater Los Angeles, Inc.
Investment Insights
Based on property information with market context.
This gated duplex comprises two separate residences arranged around a central courtyard. Both homes have air conditioning, gas ranges, soundproof windows and doors, and a flexible bonus room. The property also includes a detached oversized garage, several storage structures, a gazebo, a built-in barbecue island, two washers, two dryers, and a long gated driveway with off-street parking. The lot measures more than 10,000 square feet.
Intuit Dome is approximately half a mile away, while SoFi Stadium is just over a mile from the property. LAX is about two miles west. The remarks identify possible garage conversion and additional-unit potential; buyers should confirm development possibilities with LA County Regional Planning.
Intuit Dome is approximately half a mile away, while SoFi Stadium is just over a mile from the property. LAX is about two miles west. The remarks identify possible garage conversion and additional-unit potential; buyers should confirm development possibilities with LA County Regional Planning.
Key Highlights
- Two separate residences on a gated lot
- Lot exceeds 10,000 square feet
- Detached oversized garage and multiple storage structures
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,457
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$569,140
$569.1K
Cap Rate 7%
$406,529
$406.5K
Cap Rate 9%
$316,189
$316.2K
Market Conditions
NOI Build-Up for 2,006 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$40.9K $20.40/SF
− Vacancy
−$270 −$0.13/SF
EGI
$40.7K $20.27/SF
− OpEx
−$12.2K −$6.08/SF
NOI
$28.5K $14.19/SF
Area
Inglewood, CA
Vacancy
0.66%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$569,140
Cap Rate 7%
$406,529
Cap Rate 9%
$316,189
Alternative Uses
Best Use
Multifamily LT 5
$406.5K
$355.7K – $474.3K
NOI $28,457 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$355.0K
$310.6K – $414.1K
NOI $24,848 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$818.4K
$716.1K – $954.9K
NOI $57,291 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes share a gated lot and include air conditioning, gas ranges, and flexible bonus rooms.
Where is this duplex located?
The property is located at 4125 Lennox Inglewood, CA.
What is the asking price?
The asking price for this property is $899,990.
What are key features of this property?
This property features: Two separate residences on a gated lot; Lot exceeds 10,000 square feet; Detached oversized garage and multiple storage structures
