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720 N Market

Inglewood, CA 90302
Active
Multifamily
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Property listed by Justin White, Justin White 714.231.2537
$5,200,000
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… Read MoreRead Less
Listing Snapshot
Days Online
144
Last Updated
Property Type
Apartment
Lot Size
0.29 Acres
Year Built
1964
MLS Number
PW26117557
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
GasCooktop, Microwave, SolarHotWater
Building
Built in 1964, 1 building, Building faces Southwest, 2 stories, Levels: Two, Entry level: 1, Entry location: West, Construction Materials: CopperPlumbing
Community
StreetLights, Sidewalks
Cooling
CentralAir
Energy Saving
Energy Efficiency: Hvac, Energy Generation: Solar
Expenses
Electric: $14,843, Gardener: $1,200, Insurance: $24,357, Licenses: $5,000, Maintenance: $12,000, Operating: $180,529, Trash: $4,808, Water/Sewer: $13,436, Other Expense: $5,000
Fireplaces
None
Foundation
Slab
Garage
16 spaces
Heating
Central
Home Owner's Association
Association Fee: $0
Income
Gross Income: $4,800, Gross ScheduledIncome: $480,216, Net Operating Income: $285,280
Interior Features
Balcony, Storage, Unfurnished
Laundry
CommonArea
Lot
0.29 acres, SixteenToTwentyUnitsAcre
Parking
16 total parking spaces, Assigned, Storage
Pool
None
Property
Turnkey
Roof
Composition
Security Features
FireDetectionSystem, FireSprinklerSystem, SecurityGate, ResidentManager, SmokeDetectors
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 4016010002, Lot: 12
Tenant Pays
AllUtilities
Utilities
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterConnected, Water Source: Public, 17 separate electric meters, 16 separate gas meters
Windows
DoublePaneWindows
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Monthly Payment
$0
Charles Fisher
Realtor®
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Schools In The Area

Check out nearby schools with ratings and contact info.
Highland Elementary School 310-680-5460 Public KG-6
Crozier Elementary School 310-680-5280 Public 7-8
Inglewood High School 310-680-5200 Public 9-12
Highland Elementary School 310-680-5460 Public KG-6
Highland Elementary School 310-680-5460 Public KG-6
Highland Elementary School 310-680-5460 Public KG-6
Crozier Elementary School 310-680-5280 Public 7-8
Inglewood High School 310-680-5200 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.