1042 N Market, Inglewood, CA 90302

$1,200,000

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List Price
$1,200,000
Price Change
▼ $120,000 1785048275
Status
ACTIVE
MLS#
MB26117076
Year Built
1953
Lot Size
5,037
Acres
0.12
Lot Location
2-5 Units/Acre, Back Yard, Street Level
Days on Market
43
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

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 and 4.5 miles from Los Angeles International Airport (LAX) 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. Great fixer upper opportunity. (The property is located in FEMA flood zoneX, indicating minimal flood risk).

Additional Information

Taxes
$5,878
Heat
Floor Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Shingle
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Operating Expense
11878

Listing courtesy of Listing Agent: DOROTHY MACIAS (DCADIRECTASSETS@GMAIL.COM) from Listing Office: COMMONWEALTH REALTY GROUP.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.