11123 S Inglewood Avenue, Inglewood, CA 90304

Multi-Family · For sale · $4,475,000 · MLS# 26942665

Multi-Family for sale in Inglewood: $4,475,000, 0 beds, 24 baths, 7,592 sqft. 11123 South Inglewood Avenue is a well-maintained, 24-unit multifamily community located in the unincorporated Los Angeles County submarket of Lennox, immediately adjacent to the City of Inglewood. Comprising 7,592 sq…

11123 S Inglewood Avenue
For sale

$4,475,000

11123 S Inglewood Avenue, Inglewood, CA 90304

24baths
7,592sqft
Multi-FamilyProperty type
1957Year built
8,641 sqft lotLot size
7,592 sqftLiving area
$589/sqftPrice / sqft
HOA
13 spacesParking
Multi-FamilyProperty type
1957Year built
8,641 sqft lotLot size
7,592 sqftLiving area
$589/sqftPrice / sqft
HOA
13 spacesParking

About this home

11123 South Inglewood Avenue is a well-maintained, 24-unit multifamily community located in the unincorporated Los Angeles County submarket of Lennox, immediately adjacent to the City of Inglewood. Comprising 7,592 square feet on an 8,641-square-foot lot (zoned LCC2*), the building features an efficient, all-studio unit mix. The property offers stable, immediate cash flow coupled with exceptional upside potential. Current rents range from $1,146 to $1,595 per month, with existing leases trailing prevailing market averages. With two current vacancies, an incoming owner has the immediate opportunity to achieve top of-market rents, as well as tremendous upside upon turnover. Strategically positioned between LAX and the Inglewood Sports & Entertainment District, this asset enjoys exceptional connectivity to major regional employment centers and infrastructure developments

244%above what similar homes nearby are asking

  • Priced above the area

    It is asking well above most comparable homes nearby. Worth asking what justifies it, such as a renovation, the lot, or the view, before you anchor on this number.

  • Just came on

    It is new to the market, so expect other buyers to be looking at it this week. If it fits, do not wait for the weekend open house.

  • Larger than typical

    There is more floor area here than in most nearby listings, which is worth weighing against what you would pay to add it later.

Compared against 128 active CRMLS multi-unit properties within 3 miles as of September 1, 2026. These are current asking prices, not sales. Condition, updates, location and view can put a home well above or below these numbers, so treat this as orientation, not an appraisal.

What neighbors are asking
$1,299,389median asking price within 3 miles
Space for your money
$589/sqft35% above the $437 median
Time on the market
New todayothers nearby average 56 days
Or call (424) 400-9003

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★★★★★
He has my best interest at heart and that's always key for me.
Cesar S., Zillow review

Listing updated: September 1, 2026 at 8:48 PM

Listed by: Jerome McAlpin DRE #00939725, McAlpin & Company

Source: CRMLS, MLS#: 26942665, Originating MLS: California Regional MLS

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Location

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Inglewood

Facts & features

Interior

Bedrooms & bathrooms

  • Bathrooms: 24

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: None

Appliances

  • Laundry: Common Area

Interior area

  • Living area: 7,592 sqft

Property

Parking

  • Total parking spaces: 13

Lot

  • Lot size: 8,641 sqft

Features

  • Pool features: None
  • View: City Lights

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1957

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: Today
  • Price / sqft: $589
  • Status: Active
  • MLS#: 26942665

Location

  • City: Inglewood
  • ZIP: 90304

Price history

DateEventPrice
9/01/2026Source: CRMLS, #26942665Listed for sale$4,475,000$589/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-01 20:48:51 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information