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$5,700,000
1 Day On Site

720 N Market
Inglewood, CA 90302

For Sale|Apartment|Active
0
Beds
0
Total Baths
13,918
SqFt
$410
/SqFt
1964
Built
County:
Los Angeles
Listed by Justin White of Justin White [email protected]
Call Now: 760-855-4179
Is this the listing for you? We can help make it yours.
760-855-4179
720 N Market720 N Market720 N Market720 N Market
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Monthly Payment (Est.)

$26,006
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720 N. Market Street in the growing North Inglewood sub market of Los Angeles. This 16-unit multifamily asset represents a compelling opportunity to acquire a fully renovated, turnkey property with strong in-place cash flow and operational stability. This unique property has undergone major capital improvements in recent years, and is a standout in the neighborhood. Renovations include; new solar panels, all 16 units remodeled, 88 windows replaced, electrical panel upgraded, 16 subpanels upgraded, 16 Nest thermostats, Copper re-pipe of entire building, new roof, new HVAC system, security system and gated entry. With approximately $750,000 already invested in this property, new ownership can be confident in their operations and the longevity of the asset. Located within walking distance to the new Metro Purple line, this property is strategically located for both tenants that commute and those that work in Los Angeles and the South Bay. Within a 5 mile radius employers include; LAX Airport, SpceX, Intuit Dome, KIA Forum, SoFi stadium, Northrop Grumman, Kaiser Permanente and multiple hospitals. The location of this asset cannot be overlooked, with major employers nearby and the ongoing development happening in Inglewood, this asset is truly positioned in a growing market now, and in the future. With the upcoming FIFA World Cup and the 2028 Olympic Games, 720 N Market St is located in a market that will likely reach new heights. An investor has the chance to own an already well performing asset, in a growing market, where cash flow is consistent from day one with a high potential of capital growth and increased monthly cash flow with upgraded systems.

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Listing Snapshot
Price 
$5,700,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
13,918 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.287 Acres
Year Built 
1964
MLS® Number 
PW26117557
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.287
Direction Faces 
Southwest
Energy Features 
Solar
Foundation 
Slab
Garage 
Yes
Garage Spaces 
16
Green Energy Efficient 
HVAC
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AssignedStorage
Parking Spaces 
16
Property Sub Type 
Apartment
Security 
Fire Sprinkler SystemSecurity GateSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
13918
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas CooktopMicrowaveSolar Hot Water
Cooling 
Central Air
Fireplace Features 
None
Furnished 
Unfurnished
Heating 
Central
Interior 
Storage
Laundry Features 
Common Area
Window Features 
Double Pane Windows
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Exterior Features
Exterior 
Balcony
Pool Features 
None
Road Frontage 
City Street
Roof 
Composition
Windows/Doors 
Double Pane Windows
Community Features
Building Access 
West
Community Features 
Street LightsSidewalks
Financing Terms Available 
1031 Exchange
MLS Area 
101 - North Inglewood
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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