1042 N Market Street Inglewood, CA $ 1,600,000
1042 N Market Street
$ 1,600,000
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1042 N Market Street

Inglewood, CA, 90302
$ 1,600,000
Bedrooms9 Baths5.0 Sq 4,456

Monthly Estimate*

$ 11,176

Listed by RE/MAX Alliance Group
1042 N Market Street, Inglewood, CA 90302 - Image 1
1042 N Market Street, Inglewood, CA 90302 - Image 2
1042 N Market Street, Inglewood, CA 90302 - Image 3
1042 N Market Street, Inglewood, CA 90302 - Image 4
1042 N Market Street, Inglewood, CA 90302 - Image 5
1042 N Market Street, Inglewood, CA 90302 - Image 6
1042 N Market Street, Inglewood, CA 90302 - Image 7

Multi-Family Home for sale in Inglewood, CA

for $1,600,000 with 9 bedrooms and 5 full baths. This 4,456 square foot home was built in 1953 on a lot size of 0.1156.

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.

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Multi-Family Active

Price

$ 1,600,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.1156

Year Built

1953

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

IN23099553

Days on Market

345

Features
General
Sewer PublicSewer
Zoning INC2YY
Garage Spaces 4.0
Pool Features None
Year Built 1953
Property SubType Apartment
Gross Income 0.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions From Centinela Head North on Labrea and take a left on Market St.
City Inglewood
Entry Location Market st
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area 101 - North Inglewood
Lot Size Square Feet 5035.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Market
Listing Terms Cash Conventional Item1031Exchange Submit
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 187
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 203
Property Sub Type Additional Apartment
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Exterior
Lot Features Walkstreet
Water Source Public
Total Parking 4.0
Lot Size Area 5035.0
Number of Buildings 2
Spa N
Building Area Total 4456.0
Lot Size Acres 0.1156
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1042
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* Excluded Features
List By
Re/Max Alliance Group

Broker

(310) 578-0348

Phone

Affordability Calculator

$11,176
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2023$1,600,000 Listed Price

Map


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1042 N Market Street, Inglewood, CA, 90302 is a Multi-Family Home for sale at $1,600,000 with 4,456 sqft and a lot size of 0.1156. 1042 N Market Street has 9 bedrooms, 5.0 baths, and was built in 1953. The property's zip code is 90302 which is in Inglewood, CA