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720 N Market St
Inglewood, CA 90302 Inglewood

$5,500,000 USD

Apartments For Sale  •  13,918 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,918 SF
  • Lot Size 0.29 AC
  • Building Class C
  • Year Built 1964
  • Zoning R3, Inglewood
60 Transit Score
70 Walk Score

Highlights

NEWLY IMPROVED PRICING — Now representing an exceptional value in one of LA County's strongest performing multifamily submarkets
ALLOWABLE RENT INCREASES READY TO EXECUTE — The owner has rent increases prepared under Inglewood's Housing Protection Ordinance
$748,600 IMPROVEMENTS — New roof, copper repipe, new HVAC, solar panels, 88 new windows, and full interior remodel on all 16 units
STRONG IN-PLACE INCOME WITH DOCUMENTED UPSIDE — 17% increase in net operating income with no additional capital required
LOCATION — 100% occupied, 1.5 miles from SoFi Stadium, 0.9 miles to the Metro K Line, and positioned directly in the path of the 2028 Olympics

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Security System
  • Storage Space
  • Cabana
  • Gas Range
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Double Pane Windows
  • Intercom

Public Transportation

Transit/SubwayDriveWalkDistance
Downtown Inglewood Station (Metro K-Line - Metro - Los Angeles) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 10 min - 4.5 mi
Bob Hope 35 min - 17.9 mi
Long Beach (Daugherty Field) 28 min - 20.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: SurfaceTandem
Included in Rent: Yes
Ryan Rayburn 562-225-3811 Centennial Advisers
Ryan Rayburn 562-225-3811 Centennial Advisers