1042 N Market Street
Inglewood, CA, 90302 $ 1,100,000
Bedrooms9 Baths5.0 Sq 4,456 Monthly Estimate*
$ 7,597
Listed by Noe Blanco, RE/MAX Alliance Group, offersteamblanco@gmail.com
for $1,100,000 with 9 bedrooms and 5 full baths. This 4,456 square foot home was built in 1953 on a lot size of 0.1156.
PRIME NORTH INGLEWOOD 5-UNIT INVESTMENT OPPORTUNITY! Exceptional Value-Add Potential | Desirable Location | Strong Income Growth Opportunity Discover an outstanding investment opportunity in one of North Inglewood’s most desirable neighborhoods! This five-unit multifamily property offers tremendous upside potential for investors looking to expand their portfolios, increase rental income, and build long-term equity. The property features four spacious two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit, providing an attractive unit mix. Four units benefit from private garages, while two charming courtyards offer opportunities to create inviting outdoor living spaces for residents. Conveniently located near Intuit Dome, SoFi Stadium, Kia Forum, LAX, major shopping destinations, dining, transportation, and the beautiful South Bay beaches, this property offers excellent accessibility to Southern California's premier entertainment and employment centers. A true diamond in the rough! With thoughtful renovations, strategic upgrades, and professional management, investors have an opportunity to enhance the property's appeal, increase rental income where legally permitted, and strengthen long-term investment performance. Whether you're a seasoned investor or looking to expand your multifamily portfolio, this rare North Inglewood opportunity offers location, versatility, and significant value-add potential. Don't miss your chance to unlock the potential of this exceptional five-unit investment property!
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FeaturesGeneralSewer Public Sewer
Zoning INC2YY
Garage Spaces 4
Pool Features None
Year Built 1953
Property Subtype Apartment
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Centinela Head North on Labrea and take a left on Market St.
City Inglewood
Entry Location Market st
Senior Community Y/N false
Number Of Units Total 5
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 5035
Listing Terms Cash Conventional 1031 Exchange Submit
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 203
Property Sub Type Additional Apartment
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InteriorTotal Stories 2
Common Walls No Common Walls
Laundry Features None
Entry Level 1
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ExteriorLot Features 0-1 Unit/Acre Walkstreet
Water Source Public
Total Parking 4
Lot Size Area 5035
Number of Buildings 2
Building Area Total 4456
Lot Size Acres 0.1156
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesList ByRe/Max Alliance GroupBroker
offersteamblanco@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,597
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Inglewood, CA
Average List Price $1,913,819
Percent of Sale Price 74%
About Inglewood, CA 110,986 Population
-2% Since 2002
$ 45,801 Median Income
35.72 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/12/2026 | $1,100,000 | | Listed Price |