720 N Market, Inglewood, CA — listing photo 1
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FOR SALE

720 N Market

Inglewood, CA 90302
12,632 Lot Sq Ft
Built 1964
$5,200,000
Price ReducedWas $5,700,000 — $5,200,000 (-$500,000)

Property Overview

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 standout in the neighborhood. Renovations include; new solar panels, all 16 units remodeled, 88 windows replaced, electrical panel upgraded, 16 sub-panels upgraded, 16 Nest thermostats, Copper re-pipe of entire building, new roof, new HVAC system, security system and gated entry. With approximately $750,000 already invested in this property, new ownership can be confident in their operations and the longevity of the asset. Located within walking distance to the new Metro Purple line, this property is strategically located for both tenants that commute and those that work in Los Angeles and the South Bay. Within a 5 mile radius employers include; LAX Airport, SpceX, Intuit Dome, KIA Forum, SoFi stadium, Northrop Grumman, Kaiser Permanente and multiple hospitals. The location of this asset cannot be overlooked, with major employers nearby and the ongoing development happening in Inglewood, this asset is truly positioned in a growing market now, and in the future. With the upcoming FIFA World Cup and the 2028 Olympic Games, 720 N Market St is located in a market that will likely reach new heights. An investor has the chance to own an already well performing asset, in a growing market, where cash flow is consistent from day one with a high potential of capital growth and increased monthly cash flow.

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Home Details

Property type
Residential Income - Apartment
Year built
1964
Lot size
12,632 sq ft
Parking
16 spaces
Garage
16 spaces
Stories
2
Days on market
97
MLS status
Active

Features & Amenities

Interior

  • Balcony
  • Storage
  • Unfurnished

Appliances

  • Gas Cooktop
  • Microwave
  • Solar Hot Water

Parking

  • Assigned
  • Storage

Pool

  • None

Lot

  • Sixteen To Twenty Units Acre

Security

  • Fire Detection System
  • Fire Sprinkler System
  • Security Gate
  • Resident Manager
  • Smoke Detectors

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

720 N Market

Inglewood, CA 90302

Frequently Asked Questions About 720 N Market

Property type: Residential Income

The current asking price is $5,200,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 720 N Market. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Inglewood, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Inglewood property.
The MLS currently reports the property as Active. It has been listed for 97 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Justin White
MLS ID: PWWHITJUS

Available property

$5,200,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.