Gated Duplex with
New
For Sale
$899,990
4125 Lennox, Inglewood, CA 90304
Inglewood, CA
Property Size2,006 SF
Lot Size0.23 Acres
Price / SF$448.65
Days on Market1
Property Features for 4125 Lennox
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bedroom 1, Kitchen, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2, Laundry Room
Parking
2
Parking features
Gated, RV, Driveway, Garage
Lot features
Rectangular Lot, 2-5 Units/ Acre
Elementary school district
Centeniela Valley Union High
Middle school district
Centeniela Valley Union High
High school district
Centeniela Valley Union High
Directions
S Prairie left Lennox
Subdivision
105 - Lennox
Standard status
Active
APN
4034030014
Size
2,006 SF
Lot size
0.23 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
gated
central courtyard
gazebo
built-in barbecue island
storage structures
two washers and two dryers
soundproof windows and doors
air conditioning
gas ranges
bonus room
detached oversized garage
off-street parking
Building Details
Year built
1921
Floors in Building
1
Number of units
2
Additional Structures
Guest House
Listing Agency:
eXp Realty of Greater Los Angeles, Inc.
(888) 584-9427
Listed By:
Brandon Ilic · License #02013039
(661) 609-3445
Added: Sep 22
Last Checked: Sep 22 at 11:06PM
MLS# SR26207158
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1921 duplex contains 2,006 square feet across two separate two-bedroom residences. Each home includes soundproof windows and doors, central air conditioning, a gas range, and a flexible bonus room. A large central courtyard creates functional separation between the residences and includes a gazebo, built-in barbecue island, storage structures, and two washers and two dryers. The property also has a detached oversized garage, a gated driveway, RV parking, and additional off-street parking.
Set on a 0.2319-acre lot measuring more than 10,000 square feet, the property offers substantial outdoor area and detached improvements. The garage may be a candidate for conversion, and the site has been described as having room for additional units; all development potential is subject to buyer verification with LA County Regional Planning. Public water and sewer serve the property.
The property is in Inglewood, approximately half a mile from Intuit Dome, just over one mile from SoFi Stadium, and two miles west of LAX. The Hollywood Park district, Kia Forum, retail, offices, housing, and the nearby K and C Line transit center add to the surrounding regional context.
Set on a 0.2319-acre lot measuring more than 10,000 square feet, the property offers substantial outdoor area and detached improvements. The garage may be a candidate for conversion, and the site has been described as having room for additional units; all development potential is subject to buyer verification with LA County Regional Planning. Public water and sewer serve the property.
The property is in Inglewood, approximately half a mile from Intuit Dome, just over one mile from SoFi Stadium, and two miles west of LAX. The Hollywood Park district, Kia Forum, retail, offices, housing, and the nearby K and C Line transit center add to the surrounding regional context.
Key Highlights
- Two separate two‑bedroom residences within a 2,006‑square‑foot duplex
- 0.2319‑acre lot measuring more than 10,000 square feet
- Large central courtyard with gazebo and built‑in barbecue island
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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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
Check the figures for this property
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 residences share a private courtyard, oversized detached garage, gated driveway, and substantial off-street parking.
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 two‑bedroom residences within a 2,006‑square‑foot duplex; 0.2319‑acre lot measuring more than 10,000 square feet; Large central courtyard with gazebo and built‑in barbecue island
