$5,200,000

720 N Market

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0.29 acres

Residential Income · Apartment · Built 1964 · 158 days on Properkey

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 sub-panels 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.

Agent & source

Listed by
Justin White
Brokerage
Justin White
DRE
#01267826
Phone
714.231.2537
MLS # PW26117557 Source CRMLS

Property details

Rooms & Layout

Levels
Two
Laundry
Common Area

Property Features

Lot features
16-20 Units/Acre
Community
Street Lights, Sidewalks
Road
City Street, Paved

Building & Construction

Roof
Composition
Foundation
Slab

Exterior & Parking

Parking
16-car garage, Assigned, Built-In Storage
Common Walls
2+ Common Walls

Interior & Comfort

Heating
Central
Cooling
Central Air
Interior Features
  • Balcony
  • Unfurnished
  • Storage
  • Copper Plumbing Full
Windows
Double Pane Windows

Appliances & Equipment

Appliances
Gas Cooktop, Microwave, Solar Hot Water
Security
  • Fire Sprinkler System
  • Fire and Smoke Detection System
  • Resident Manager
  • Automatic Gate

Utilities

Water Source
Public
Sewer
Public Sewer
  • Phone Available
  • Natural Gas Available
  • Sewer Connected
  • Cable Available
  • Electricity Available
  • Water Connected

Nearby

Active Pending Closed Rental

School information not available for this property.

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-11-05 03:13:31 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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