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413 N Market St

413 N Market St, Inglewood, CA 90302, USA

$1,660,000

CLOSED

February 5, 2026

SALE PRICE

$1,660,000

UNITS

8

PRICE PER UNIT

$207,500

PRICE PER SF

$270.14

CAP RATE

5.48%

GRM

11.38

Deal Story

Selling Agent

The Tuvia Group successfully closed the sale of 413 N Market St, an eight-unit apartment property in Inglewood, achieving one of the lowest cap rates among comparable 5+ unit sales in the area over the prior year. Despite significant capital improvement needs, the property generated 10 competitive offers due to its strong unit mix and value-add potential. The buyer plans to add ADUs, while the seller successfully exited the property after more than 30 years of ownership, capitalizing on strong investor demand for repositioning opportunities in Inglewood.

Jason Tuvia

Senior Managing Director Investments

818-212-2735

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818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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