For sale · Active

720 N Market

Inglewood, CA 90302

$5,200,000
Lot size0.29 acres
Property typeApartment
View map ↗

Listing broker / agent: Justin White · Justin White · 714.231.2537 · CRMLS

MLS # PW26117557 · Last checked Nov 14, 2026 19:44 UTC

About this property

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 sub-panels 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.

Property details

MLS number
PW26117557
Status
Active
Type
Residential Income
Subtype
Apartment
Lot size
0.29 acres
County
Los Angeles
Year built
1964
Stories
2
More property detailsExpandCollapse

Listing

Days on market
138

Building

Year built
1964
Year built source
Assessor
Stories
2
Building stories
2
Levels
Two
Entry level
1
Construction
Copper Plumbing
Roof
Composition
Foundation
Slab
Condition
Turnkey

Rooms & interior

Appliances
Gas Cooktop, Microwave, Solar Hot Water
Interior features
Balcony, Storage, Unfurnished
Heating
Central
Cooling
Central Air
Fireplace
None
Laundry
Common Area

Exterior & parking

Total parking spaces
16
Garage spaces
16
Parking
Assigned, Storage
Pool
None
Lot features
Sixteen To Twenty Units Acre
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community features
Street Lights, Sidewalks

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Wilder's Preparatory Academy Charter (school website, opens in a new tab) Inglewood Unified · Inglewood K–5 0.1 mi
Wilder's Preparatory Academy Charter Middle (school website, opens in a new tab) Inglewood Unified · Inglewood 6–8 0.1 mi
Centinela (school website, opens in a new tab) Inglewood Unified · Inglewood K–8 0.6 mi
Grace Hopper STEM Academy (school website, opens in a new tab) Inglewood Unified · Inglewood 6–8 0.6 mi
Iovine and Young Center Inglewood (school website, opens in a new tab) Inglewood Unified · Inglewood 9–12 0.6 mi
City Honors International Preparatory High (school website, opens in a new tab) Inglewood Unified · Inglewood 9–12 0.6 mi
New Opportunities Charter Centinela Valley Union High · Inglewood 9–12 0.7 mi
Inglewood Continuation High (school website, opens in a new tab) Inglewood Unified · Inglewood 9–12 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$5,200,000
MLS-reported original asking price
$5,700,000
MLS-reported previous asking price
$5,500,000
MLS-reported last price change
2026-09-04 09:30 UTC
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:49$5,200,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Inglewood

Active residential homes for sale in Inglewood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings119Current authorized inventory
Median asking price$755,000119 listings with a valid price
Median asking price / sq ft$539.5374 listings with confirmed sq ft
Median days on market26119 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction16
Listings with an increase3

17 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-14 20:55 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.