Inglewood, CA 90302 1042 N Market Street

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Presented By: John Carter with RE/MAX Alliance Group; 310-461-9282
  • MLS# IN23099553
  • 06/06/2023
  • Request Tour
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  • BedBeds • 9
  • BathBaths • 5
  • FootageSQFT • 4,456
  • GarageGarage • 4

Home Details

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. 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.
Presented By: John Carter with RE/MAX Alliance Group; 310-461-9282

Interior Features for 1042 N Market Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1042 N Market Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityInglewood
Community FeaturesSidewalks
CountyLos Angeles
Days on Market187
DirectionsFrom Centinela Head North on Labrea and take a left on Market St.
Electric Expense0.0
Entry LocationMarket st
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Item1031Exchange, Submit
Lot Size Square Feet5035.0
MLS Area101 - North Inglewood
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMarket
Tax Lot203
Total Units5
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningINC2YY

Exterior for 1042 N Market Street

Building Area Total4456.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesWalkstreet
Lot Size Acres0.1156
Lot Size Area5035.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,600,000
MLS#IN23099553
List Date 06/06/2023
Property Type Multi-Family
Phone 714.964.3311
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