Inglewood, CA

$1,200,000

1042 N Market, Inglewood, CA

1953

Built

Days listed

About this home

This five-unit investment property offers incredible potential with its prime location and promising rental upside. Featuring 4 -spacious two bedroom / one bathroom units, and 1- one bedroom / one bathroom unit. 4 of the units have their own private garages, and there are 2 courtyard areas that could be used as outdoor space for the tenants. This property is located in a highly desired neighborhood and is conveniently close to major attractions such as he future Clippers Arena, the Kia Forum, LAX, SoFi Stadium, nearby shopping and the breathtaking Beach Cities and 4.5 miles from Los Angeles International Airport (LAX) This property is a gem waiting to be polished, but with the booming demand for housing in the area, renovating and upgrading this property presents an excellent opportunity to increase rental income and maximize returns over time. Don't miss out on this fantastic opportunity to own a multi-unit property in one of North Inglewood's most desirable neighborhoods. Take advantage of the incredible location, proximity to major attractions, and the potential for increased rental income. Great fixer upper opportunity. (The property is located in FEMA flood zoneX, indicating minimal flood risk).

Facts & features

Interior

Heating: Floor Furnace
Cooling: Wall Window Units
Laundry: Outside

Exterior & lot

Lot size: 0.116 acres (5,037 sq ft)
Year built: 1953

Community

Area: 101 - North Inglewood
County: Los Angeles

Listing details

Status: Active
Property type: Multi Family
Days on market: 41
Listed: 2026-06-12
Original price: $1,320,000
Terms: Cash, Conventional, Fha 203k
Parcel #: 4014011023
MLS #: MB26117076

Listed by

DOROTHY MACIAS · COMMONWEALTH REALTY GROUP

562-418-4062 DCADIRECTASSETS@GMAIL.COMDRE #02044858

Location

Price history

Listed: $1,320,000 · 2026-06-12
Price reduced: $1,200,000 (−$120,000)
Days on market: 41
Current price: $1,200,000

Financing

Could this home be yours?

Estimated monthly payment

$7,528

$6,068 principal & interest · $1,460 taxes & insurance

Down payment (20%)

$240,000

Est. rate (%)

Estimate only

Term (years)

Loan $960,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of COMMONWEALTH REALTY GROUP. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.