Inglewood, CA 90302,826 N Market Street
Inglewood, CA 90302,826 N Market Street
Inglewood, CA 90302,826 N Market Street
20
$3,018,200
$3,100,000
2.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5 BD

826 N Market Street Inglewood, CA 90302

Est. payment /mo
SOLD DATE : 07/13/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $3,018,200

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22059901

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

826 N Market St is a stunning asset and perfect fit for any investor looking to capitalize on the Inglewood market. Beautifully renovated 10 unit building located in the nicest and most desirable pocket of Inglewood. Meticulous remodels include new appliances, fixtures, cabinets, countertops, flooring and bathrooms. This trophy asset would be the perfect opportunity for any investor looking for a low maintenance asset in a rapidly appreciating neighborhood. The subject property has a unit mix consisting of (4) 2Bed/1Bath and (6) 1Bed/1Bath units with the opportunity to build (2) 2Bed/1Bath ADUs in the rear. Once built out, the new owner would collect an extra $4,100 gross per month. We have bids and a feasibility study completed costing around $300k to complete the project. Once the property is stabilized, it would operate at a 8.27 % CAP and 9.34 GRM. You can find the feasibility study and proposal in the offering memorandum. With close proximity to multi-billion-dollar projects including the brand new NFL SoFi Stadium, Intuit Dome NBA Arena and Hollywood Park Development, 826 N Market St supports high rental income with even better upside and will appreciate greatly due to location.

Location

State CA

County Los Angeles

Zoning Assessor

Exterior

View Y/N No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Read Less


MLS Router / San Diego MLS
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
Bought with Jin Lee Realty ONE Group United

GET MORE INFORMATION

Amy Taylor

Amy Taylor

Agent | License ID: 02187547

+1(619) 244-4481

Name
Phone*
Message