10600 S Inglewood Ave - Apartments FOR SALE


Inglewood, CA 90304
$7,500,000 USD
310-480-2130
10600 S Inglewood Ave, Inglewood, CA for Sale
$7,500,000 USD
Apartments - FOR SALE
1/17
null | 6.27% Cap Rate

10600 S Inglewood Ave
Inglewood, CA 90304


HIGHLIGHTS

  • Terrific location just minutes from Intuit Arena, SoFi Stadium, and the Forum in one of LA's strongest rental markets!
  • Well-maintained asset featuring double-paned windows, onsite parking and laundry, and more!
  • Priced to sell at 8.99 GRM and only $138,889 per unit.
  • Professionally managed and well-positioned for a new owner to capitalize!
  • Strong walk score with convenient access to restaurants, services, and schools, driving consistent tenant demand.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

54

PRICE/UNIT

$138,889

CAP RATE

6.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lennox Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,863 SF

ZONING

LCC2YY

APN/PARCEL ID

4036-030-028

ASK ABOUT THIS PROPERTY

Joshua CohenThe Cohen GroupMore Info
310-480-2130

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Joshua CohenThe Cohen GroupMore Info
310-480-2130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.