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For sale
  • Listed by: Justin White • Justin White • Contact: 714-231-2537
    $5,700,000

    720 N Market St, Inglewood, CA 90302

    --beds
    --baths
    13,918sqft
    : 
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    Multi Family
    Built in 1964
    -- sqft lot
    $5,387,600 Zestimate®
    $410/sqft
    $-- HOA

    What's special

    720 N. Market Street in the growing North Inglewood sub market of Los Angeles. This 16-unit multifamily asset represents a compelling opportunity to acquire a fully renovated, turnkey property with strong in-place cash flow and operational stability. This unique property has undergone major capital improvements in recent years, and is a standout in the neighborhood. Renovations include; new solar panels, all 16 units remodeled, 88 windows replaced, electrical panel upgraded, 16 subpanels upgraded, 16 Nest thermostats, Copper re-pipe of entire building, new roof, 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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Justin White DRE #01267826 714.231.2537,

    Justin White

    Source: CRMLS,MLS#: PW26117557MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Cooktop, Microwave, Solar Hot Water
      • Laundry: Common Area
      Features
      • Balcony, Storage, Unfurnished
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 13,918
      • Total interior livable area: 13,918 sqft

      Property

      Parking
      • Total spaces: 16
      • Parking features: Assigned, Storage
      • Garage spaces: 16
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: West
      • Pool features: None
      Lot
      • Size: 0.29 Acres
      • Features: 16-20 Units/Acre
      Details
      • Parcel number: 4016010002
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Copper Plumbing
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1964

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: HVAC
      • Energy generation: Solar

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      • Security: Fire Detection System, Fire Sprinkler System, Security Gate, Resident Manager, Smoke Detector(s)
      Location
      • Region: Inglewood

      Financial & listing details

      • Price per square foot: $410/sqft
      • Date on market: 5/30/2026
      • Listing terms: 1031 Exchange
      • Total actual rent: 39617
      • Tenant pays: All Utilities
      • Road surface type: Paved

        Estimated market value

        $5,387,600

        $5.12M - $5.66M

        $3,198/mo

        Price history

        DateEventPrice
        5/31/2026Listed for sale$5,700,000+0%$410/sqft
        Source: CRMLS #PW26117557 Report a problem
        1/11/2026Listing removed$5,699,000$409/sqft
        Source: CLAW #25568205 Report a problem
        9/11/2025Price change$5,699,000-3.4%$409/sqft
        Source: CLAW #25568205 Report a problem
        7/22/2025Listed for sale$5,899,000-4.9%$424/sqft
        Source: CLAW #25568205 Report a problem
        1/22/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/22/2020Price change$2,395+20.1%
        Source: Fred Leeds Properties Report a problem
        8/12/2020Price change$1,995-16.7%
        Source: Fred Leeds Properties Report a problem
        6/12/2020Price change$2,395-6.1%
        Source: Fred Leeds Properties Report a problem
        5/29/2020Price change$2,550-1.7%
        Source: Fred Leeds Properties Report a problem
        3/3/2020Price change$2,595-3.7%
        Source: Fred Leeds Properties Report a problem
        12/12/2019Price change$2,695-3.6%
        Source: Zillow Rental Manager Report a problem
        11/7/2019Listed for rent$2,795-6.7%
        Source: Zillow Rental Manager Report a problem
        10/14/2019Sold$6,200,000-3%$445/sqft
        Source: CLAW #19486648 Report a problem
        8/6/2019Pending sale$6,395,000$459/sqft
        Source: BRC Advisors- BH #19-486648 Report a problem
        7/9/2019Listed for sale$6,395,000$459/sqft
        Source: BRC Advisors- BH #19-486648 Report a problem
        4/2/2019Listing removed$2,995
        Source: Golden Bee Realty #19426422 Report a problem
        1/22/2019Listed for rent$2,995
        Source: Golden Bee Realty #19426422 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 90302

        Getting around

        90 / 100
        Walker's Paradise
        52 / 100
        Good Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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