1042 North Market Street

Inglewood, CA 90302

$1,200,000
Price
9
Beds
5
Baths
4,456 Sq. Ft.
$269 / Sq. Ft.
4,456
Sq. Ft.
$269
per Sq. Ft.

Description

This exceptional five-unit investment property offers incredible potential in one of North Inglewood’s most sought-after neighborhoods. It features four spacious two-bedroom, one-bath units and one one-bedroom, one-bath unit, with 4 of the units boasting private garages. The property also includes two courtyards, perfect for creating inviting outdoor spaces for tenants. Its prime location is close to major attractions such as the future Clippers Arena, Kia Forum, LAX, SoFi Stadium, shopping hubs,...This exceptional five-unit investment property offers incredible potential in one of North Inglewood’s most sought-after neighborhoods. It features four spacious two-bedroom, one-bath units and one one-bedroom, one-bath unit, with 4 of the units boasting private garages. The property also includes two courtyards, perfect for creating inviting outdoor spaces for tenants. Its prime location is close to major attractions such as the future Clippers Arena, Kia Forum, LAX, SoFi Stadium, shopping hubs, and the scenic Beach Cities. With the growing demand for housing in the area, this property is a true diamond in the rough. Renovating and upgrading offers an outstanding opportunity to significantly boost rental income and maximize long-term returns. Don’t miss out on this rare opportunity to own a multi-unit property with unlimited potential in a thriving neighborhood!
  1. Listed by Noe Blanco • DRE #01787137 • Brokerage DRE #01788875 • RE/MAX Alliance Group • 310-508-7155
  2. Listed by John Carter • DRE #01950824 • Brokerage DRE #01788875 • RE/MAX Alliance Group

Property Details for 1042 North Market Street

Parking Spaces Total
4
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4456
Assessor Parcel Number
4014-011-023
Property Attached YN
false
LISTING UPDATED: 09/30/2024 01:29 PM

Property Details for 1042 North Market Street

StatusActive
MLS #IN24202956
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
CountyLos Angeles County

Building Information for 1042 North Market Street

Building/Complex1042 N Market StFloor-Stories2Residences-Pet Policy-Year Built1953Building Size-

Property Information for 1042 North Market Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 7250
  • Tax Census Tract: 6009.11
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 203
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Market st
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $12,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 1042 North Market Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1042 North Market Street

Taxable ValueLand$131,942Additions$181,846Total$313,788
Tax Record2024$5,318 ($443 / month)
Home Facts
Total Finished SqFt4,456 SqFtAbove Grade Finished SqFt4,456 SqFtLot Size5,035 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningINC2YYCountyLOS ANGELESAPN4014-011-023

Schools near 1042 North Market Street

This home is within Inglewood Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Centinela Elementary School
PublicK to 8

Crozier (George W.) Middle School
Public7 to 8

Inglewood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1042 North Market Street is a multi-family home for sale in Inglewood, CA 90302. This property was listed for sale on September 30, 2024 by RE/MAX Alliance Group, it's currently listed at $1,200,000. This listing's school district is Inglewood Unified School District. Nearby schools include Centinela Elementary School, Crozier (George W.) Middle School and Inglewood High School. 1042 North Market Street is a 9-bed, 5-bath, 4,456 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Alliance Group, Noe Blanco, DRE #01787137; RE/MAX Alliance Group, John Carter, DRE #01950824

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.