4928 Lennox
Inglewood, CA 90304
Listing broker / agent: Lyon Stahl Investment Real Estate, Inc. · Cameron Samimi · 310-259-7556 · CRMLS
MLS # SB26124346 · Last checked Nov 14, 2026 19:44 UTC
About this property
4928 Lennox Blvd presents a unique opportunity to acquire a well-located apartment property in the heart of Inglewood, one of Southern California’s fastest-growing rental markets. Situated on a 7,512 SF LCR3YY-zoned lot, the property consists of (1) 3+1 unit, (3) 2+1 units, and (1) non-conforming studio unit, offering investors a compelling combination of current income, rental upside, and future development potential. A key investment advantage is that the property is currently recognized as a 4-unit property with a non-conforming fifth unit, potentially allowing qualified buyers access to residential financing options that are often unavailable on traditional 5+ unit multifamily properties. This structure may provide more favorable financing terms, lower down payment requirements, and greater buyer accessibility. Buyers should independently verify financing eligibility with their lender. In addition to its attractive financing profile, the property offers a significant ADU value-add opportunity. The existing carport area may provide the ability to develop up to four new ADUs, creating a rare opportunity to substantially increase rental income and long-term property value. Combined with the property’s existing rental upside, the ADU potential creates multiple paths to enhance returns. Buyer to independently verify all ADU potential, development feasibility, zoning requirements, parking requirements, and unit count with the City of Inglewood. Current ownership has maintained rents substantially below market levels, creating an opportunity for a new investor to increase income through unit turnover and strategic rent repositioning. Based on market rents outlined in the offering, the property offers over $69,000 in projected annual rental upside, providing a clear path toward increased cash flow even before pursuing any future development.
Property details
- MLS number
- SB26124346
- Status
- Pending
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.1725 acres
- County
- Los Angeles
- Year built
- 1941
More property detailsCollapse
Listing
- Days on market
- 30
Building
- Year built
- 1941
- Year built source
- Public Records
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- None
Exterior & parking
- Total parking spaces
- 7
- Garage spaces
- 0
- Carport spaces
- 5
- Parking
- Assigned, Carport
- Pool
- None
- Lot features
- Zero To One Unit Acre, Near Public Transit, Paved, Yard
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs, Street Lights, Sidewalks, Urban
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Buford Elementary Lennox · Lennox | K–5 | <0.1 mi |
| Lennox Middle Lennox · Lennox | 6–8 | 0.2 mi |
| Felton Elementary Lennox · Lennox | K–5 | 0.3 mi |
| Jefferson Elementary Lennox · Lennox | K–5 | 0.5 mi |
| Lennox Mathematics, Science and Technology Academy (school website, opens in a new tab) Lennox · Lennox | 9–12 | 0.8 mi |
| Moffett Elementary Lennox · Lennox | K–5 | 0.9 mi |
| Animo Leadership High (school website, opens in a new tab) Lennox · Inglewood | 9–12 | 1.0 mi |
| Beulah Payne STEAM Academy (school website, opens in a new tab) Inglewood Unified · Inglewood | K–8 | 1.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,100,000
- MLS-reported original asking price
- $1,100,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 9, 2026 08:34 | $1,100,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Inglewood
Active residential homes for sale in Inglewood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
17 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 21:08 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗