$1,100,000
FOR SALEActive1042 N Market
Inglewood CA 90302
5,037
SF
Multi-Family
Type
1953
Built
$218/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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).
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1156 acres
Lot Size
5
Total Units
5,037 SF
Square Footage
$218.38/SF
Price per SF
9.17%
Cap Rate
$5,878.73
Annual Tax
1,953
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
9.17% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
9.17%
Cap Rate
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CRMLS
MLS# MB26117076
Listed:
Nalren refreshed:
Last updated
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Listed by: COMMONWEALTH REALTY GROUP
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.