10136 S Inglewood AVE, Inglewood, CA 90304
10136 S Inglewood AVE, Inglewood, CA 90304
10136 S Inglewood AVE, Inglewood, CA 90304
10136 S Inglewood AVE, Inglewood, CA 90304
10136 S Inglewood AVE, Inglewood, CA 90304
10136 S Inglewood AVE, Inglewood, CA 90304
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$ 20,000,000
Est. payment | /mo

136 Baths

46,532 SqFt


Save
$ 20,000,000
Est. payment | /mo
Save

136 Baths

46,532 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 46,532 sqft

Price per Sqft $429

MLS Listing ID 26107292

HOA Y/N No

Lot Size 0.269 Acres

Property Description

We are pleased to present 10136 & 10200 Inglewood Avenue, a newly constructed, five-story, 136-unit apartment community in Lennox, half a block south of Century Boulevard, between LAX and the Inglewood sports & entertainment district. Built in 2026 around efficient studios and one-bedrooms averaging 233 SF, the property is offered prior to its certificate of occupancy at roughly $147K per unit - 44% below the average of four recent new-construction sales in South Los Angeles. A buyer steps in after the land, entitlement, and construction risk and controls the lease-up from day one. The project was approved ministerially by LA County Regional Planning as a density-bonus housing development: 124 market-rate units (including the manager's unit) and 12 income-restricted units. No car parking is required; the building provides 148 secure bike spaces less than a mile from Metro's C and K Lines. Twelve of the 136 units are income-restricted under the project's Los Angeles County density-bonus approval: one unit at 30% of Area Median Income (Extremely Low Income), one unit at 50% AMI (Very Low Income) and ten units at 80% AMI (Lower Income). Four of these are replacement units restricted in perpetuity; the remaining eight are restricted for 55 years from the certificate of occupancy. The covenants are monitored by the Los Angeles County Development Authority (LACDA). The other 124 units are unrestricted market-rate units. The property is in unincorporated Lennox, so County rent stabilization does not apply to post-1995 construction, and the building is exempt from AB 1482 for its first 15 years. Buyer to verify all affordability terms with LACDA. Unit mix per current plans; Buyer to verify. All income figures are pro forma, as the building is vacant.

Location

State CA

County Los Angeles

Area 105 - Lennox

Zoning LCC2YY

Interior

Heating Wall Furnace

Fireplace No

Appliance Dishwasher

Exterior

Parking Features None

Building

Story 5

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4036002027

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Saadia 'Sam' Liberow Marcus & Millichap #01933858

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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10136 S Inglewood AVE