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413 N Market Street

413 N Market St, Inglewood, CA 90302, USA

For Sale

$1,750,000

Property Details

Property Type

Multifamily

Units

8

Price Per Unit

$218,750

Contact Agent

Jason Tuvia

(818) 212-2735

Price Per SF

$284.78

Cap Rate

5.20%

GRM

12.00

Property Description

Marcus and Millichap is pleased to present an eight (8) unit apartment building located at 413 N Market Street in Inglewood, California. The subject property is located in a prime Inglewood location, east of La Brea Avenue and north of Florence Avenue.


Located in the heart of Inglewood, this property presents an exceptional investment opportunity, featuring spacious unit layouts and an attractive low price per unit. The asset offers an excellent mix of one studio, three one-bedroom, three two-bedroom and one three-bedroom units, along with eight on-site parking spaces and strong value-add potential through the conversion of the existing carport into multiple ADUs under SB1211. Offered for the first time in over 30 years, the property sits adjacent to newly developed townhomes that underscore the neighborhood’s ongoing revitalization. Residents will benefit from its prime location near Downtown Inglewood’s expanding dining and retail scene, major streets such as La Brea, Florence, Manchester, and La Cienega, and close proximity to the Metro K Line, SoFi Stadium, the Kia Forum, and Intuit Dome.


Surrounded by major entertainment venues, thriving local businesses, and expanding transit infrastructure, the property offers a new investor a quiet Inglewood location with good value-add opportunity with large units.

Property Location

413 N Market St, Inglewood, CA 90302, USA

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