720 N Market Inglewood, CA 90302
0.29 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26117557
Construction Status Turnkey
HOA Y/N No
Year Built 1964
Lot Size 0.287 Acres
Property Sub-Type Apartment
Property Description
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 with upgraded systems.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Interior Features Balcony, Storage, Unfurnished
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Microwave, Solar Hot Water
Laundry Common Area
Exterior
Parking Features Assigned, Storage
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 16
Private Pool No
Building
Lot Description 16-20 Units/Acre
Faces Southwest
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 4016010002
Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Resident Manager,Smoke Detector(s)
Acceptable Financing 1031 Exchange
Green/Energy Cert Solar
Listing Terms 1031 Exchange
Special Listing Condition Standard
Agent | License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com