720 N Market St - Apartments FOR SALE


Inglewood, CA 90302
$5,700,000 USD
562-225-3811
720 N Market St, Inglewood, CA for Sale
$5,700,000 USD
Apartments - FOR SALE
1/14
null | 4.97% Cap Rate

720 N Market St
Inglewood, CA 90302


HIGHLIGHTS

  • Highly Improved Property with Major Renovations - $50K per unit!
  • Rehab Includes: Solar Panel, 88 New Windows, New Electrical Panels/ Sub Panels, 16 Nest Themostats, New Roof, Cooper Repiped, Updated Securtiy System.
  • Advantageous Location for Tenants- High-paying job hubs nearby include LAX, SPACE X, SoFi, Kaiser & more
  • Strong In place Income with Updside
  • Limited Competition for High End Upgrades

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

16

PRICE/UNIT

$356,250

CAP RATE

4.97%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R3, Inglewood

APN/PARCEL ID

4016-010-002

ASK ABOUT THIS PROPERTY

Ryan RayburnCentennial AdvisersMore Info
562-225-3811

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Ryan RayburnCentennial AdvisersMore Info
562-225-3811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.