11121 S Freeman Avenue, Inglewood, CA 90304

Local realty services provided by:Better Homes and Gardens Real Estate Champions
11121 S Freeman Avenue,Inglewood, CA 90304
$1,200,000
  • - Beds
  • - Baths
  • 2,964 sq. ft.
  • Multi-family
  • Pending
Listed by:woody stahl
Office:lyon stahl investment real est
MLS#:PW25192533
Source:CRMLS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$404.86

About this home

This 4-unit apartment building presents an excellent investment opportunity in Lennox, a market positioned for continued growth and strong tenant demand. Situated on a large 13,086 SF lot, the property features 2,964 rentable square feet and a favorable unit mix consisting of (4) 2-Bed/1-Bath units, providing well-balanced layouts that appeal to a wide range of renters. Priced at $300,000 per unit and $404.86 per square foot, the asset offers an attractive entry CAP rate of 3.70% with significant room for growth, as investors can target approximately 50% rental upside and a projected market CAP rate of 6.85%. Beyond strong in-place fundamentals, the property presents multiple avenues for value creation, including the potential to add an ADU (buyer to verify) and further expansion possibilities under California’s new SB9 legislation, which may allow for a lot split or additional units (buyer to verify). Ideally located just two miles from both the Intuit Dome and SoFi Stadium, the

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Home facts

  • Year built:1953
  • Listing ID #:PW25192533
  • Added:30 day(s) ago
  • Updated:September 26, 2025 at 07:31 AM

Rooms and interior

  • Living area:2,964 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:2,964 sq. ft.
  • Lot area:0.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$404.86
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