Active

720 N Market

Inglewood, CA 90302

$5,700,000 $24,031/Mo

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Overview

Bed

Bath

13,918

Sqft

12,503

Sqft(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $5,700,000

AD Id : 79666915

MLS Id : PW26117557

Lot Size : 12,503 Sqft

Living Area Size : 13,918

Year Built : 1964

Garage : 16

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition Interior Features: Balcony,Storage,Unfurnished Windows: Double Pane Windows Property Appliances: Gas Cooktop,Microwave,Solar Hot Water Fireplace: None
Cooling Features

Central Air Air Conditioning

Heating Source

Central Has Heating

Energy

Green Energy: HVAC

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1964 Building Area Total: 13,918 Construction: Copper Plumbing Roof: Composition
Foundation

Slab

Security Features

Fire Detection System,Fire Sprinkler System,Security Gate,Resident Manager,Smoke Detector(s)
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.287
Lot Size Source: Assessor Lot Size Square Feet: 12503

Listing Price Information

Original List Price: 5,700,000 Listing Contract Date: 2026-05-30
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4016010002

Garage and Parking

Garage Description: Assigned,Storage

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Active Source Neighborhood: 101 - North Inglewood Postal Code Plus 4: 1017 Directions: From Florance go North on La Brea Ave. Right on E Hyde Park Blvd. Left on to Market St. Source Property Type: Residential Income Area: 101 - North Inglewood Property SubType: Apartment
Building and Construction

Property Age: 62 Common Walls: 2+ Common Walls Property Condition: Turnkey Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: West Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6605 West, Inglewood, CA, 90302	$849,900	--	--	1,210	1,210 SqFt
1144 E 65th, Inglewood, CA, 90302	$749,000	3	1	950	950 SqFt
916 E 68th Street, Inglewood, CA, 90302	$710,000	2	1	672	672 SqFt
928 E 66th Street, Inglewood, CA, 90302	$999,000	3	2	1,243	1,243 SqFt
924 N Chester Avenue, Inglewood, CA, 90302	$850,000	4	--	1,633	1,633 SqFt
900 E 65th Street, Inglewood, CA, 90302	$800,000	2	1	1,085	1,085 SqFt
826 E 65th Street, Inglewood, CA, 90302	$790,500	4	--	1,624	1,624 SqFt
1109 N Chester Avenue, Inglewood, CA, 90302	$749,900	3	2	1,000	1,000 SqFt
739 E 67th, Inglewood, CA, 90302	$799,000	3	2	1,402	1,402 SqFt
125 Plymouth Street, Inglewood, CA, 90302	$1,249,000	3	3	2,150	2,150 SqFt

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ByOwner last updated this listing 06/14/2026 @ 16:46

MLS: PW26117557 LISTED BY: Justin White, Justin White 714-231-2537 SOURCE: CRMLS