$7,500,000
Presenting an exceptional investment opportunity in the County of Los Angeles, this 54 unit apartment building at 10600 Inglewood Avenue is located in the unincorporated community of Lennox, while benefiting from an Inglewood postal designation. Positioned near the Intuit Arena, SoFi Stadium, and the Los Angeles Forum, the property sits within one of the most dynamic and rapidly evolving rental markets in the region. The building features well designed studio apartments equipped with a cooling system, gas stoves, and gas wall heaters. It is master metered for gas and electricity, with many tenants participating in a RUBS program to support efficient utility cost recovery. Additional property features include 32 parking spaces, double paned windows, onsite laundry services, and other system improvements. The property has also been professionally managed for over 20 years, ensuring consistent oversight and operational stability. With considerable upside potential, the property benefits from ongoing new construction and redevelopment along Inglewood Avenue, reinforcing the long term value trajectory of the area. Its strong walk score of 76 reflects convenient access to restaurants, tenant services, and nearby schools within the Inglewood Unified School District, making it an appealing choice for residents seeking both comfort and connectivity. This is a rare opportunity to acquire a well maintained, strategically located asset in a vibrant and continually improving community.
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Listed by Joshua Cohen with Keller Williams Realty (310) 375-3511
Property Type
Residential Income
Status
Active
MLS Number
26728071
Year Built
1957
Lot Size
0.66 acres