• 1042 N Market Street Inglewood, CA 90302

  • $1,600,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,456
    Sq Ft
  • 5035
    Sqft
  • Listed By: John Carter, RE/MAX Alliance Group, DRE #01950824
  • Source: CRMLS

This five-unit investment property offers incredible potential with its prime location and promising rental upside. Featuring 4 -spacious two bedroom / one bathroom units, and 1- one bedroom / one bathroom unit. 4 of the units have their own private garages, and there are 2 courtyard areas that could be used as outdoor space for the tenants. This property is located in a highly desired neighborhood and is conveniently close to major attractions such as he future Clippers Arena, the Kia Forum, LAX, SoFi Stadium, nearby shopping and the breathtaking Beach Cities. This property is a gem waiting to be polished, but with the booming demand for housing in the area, renovating and upgrading this property presents an excellent opportunity to increase rental income and maximize returns over time. Don't miss out on this fantastic opportunity to own a multi-unit property in one of North Inglewood's most desirable neighborhoods. Take advantage of the incredible location, proximity to major attractions, and the potential for increased rental income.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $95,501 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1953

Building Area Total: 4,456

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1156

Lot Size Source: Assessor

Lot Size Square Feet: 5035

Listing Price Information

Original List Price: 1,600,000

Listing Contract Date: 2023-06-06

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4014011023

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 101 - North Inglewood

Postal Code Plus 4: 6708

Directions: From Centinela Head North on Labrea and take a left on Market St.

Zoning: INC2YY

Source Property Type: Residential Income

Area: 101 - North Inglewood

Property SubType: Apartment

Building and Construction

Property Age: 71

Common Walls: No Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: Market st

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
301 E Plymouth Street, Inglewood, CA,90302 $1,600,000 6 -- 3,530 7942 Sqft
414 Stepney Street, Inglewood, CA,90302 $9,750,000 -- -- -- 54484 Sqft
557 Stepney Street, Inglewood, CA,90302 $995,500 5 2 1,848 5999 Sqft
546 Hyde Park Pl, Inglewood, CA,90302 $995,900 4 2 1,762 7127 Sqft
326 E Beach Avenue, Inglewood, CA,90302 $749,800 5 3 1,600 5172 Sqft
915 Enterprise Avenue, Inglewood, CA,90302 $1,550,000 11 -- 5,435 7501 Sqft
215 W Plymouth Street, Inglewood, CA,90302 $1,349,000 6 -- 2,720 10018 Sqft
215 W Plymouth Street, Inglewood, CA,90302 $1,349,000 -- -- -- 10018 Sqft
536 E Fairview Boulevard, Inglewood, CA,90302 $1,175,000 4 -- 2,316 5896 Sqft
924 N Chester Avenue, Inglewood, CA,90302 $870,000 3 -- 1,633 4794 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/11/2024 @ 19:28

MLS: IN23099553
LISTED BY: John Carter, RE/MAX Alliance Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $95,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion