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413 N Market St 8 Unit Apartment Building $2,419,375 CAD ($302,422 CAD/Unit) 5.20% Cap Rate Inglewood, CA 90302

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INVESTMENT HIGHLIGHTS

  • Prime Inglewood Location
  • First Time on the Market in 30+ Years
  • Excellent Opportunity to Convert Carports into ADUs
  • Excellent Unit Mix
  • Eight (8) Total On-Site Parking Spaces
  • Low Price Per Unit

EXECUTIVE SUMMARY

Located in the heart of Inglewood, this property presents an exceptional investment opportunity, featuring spacious unit layouts and an attractive low price per unit. The asset offers an excellent mix of one studio, three one-bedroom, three two-bedroom and one three-bedroom units, along with eight on-site parking spaces and strong value-add potential through the conversion of the existing carport into multiple ADUs under SB1211. Offered for the first time in over 30 years, the property sits adjacent to newly developed townhomes that underscore the neighborhood’s ongoing revitalization. Residents will benefit from its prime location near Downtown Inglewood’s expanding dining and retail scene, major streets such as La Brea, Florence, Manchester, and La Cienega, and close proximity to the Metro K Line, SoFi Stadium, the Kia Forum, and Intuit Dome.
Surrounded by major entertainment venues, thriving local businesses, and expanding transit infrastructure, the property offers a new investor a quiet Inglewood location with good value-add opportunity with large units.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,419,375 CAD
Price Per Unit $302,422 CAD
Sale Type Investment
Cap Rate 5.20%
Gross Rent Multiplier 12
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 6,145 SF
Average Occupancy 93%
No. Stories 2
Year Built 1961
Parking Ratio 1.3/1,000 SF
Zoning INC3YY

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 3 - -
2+1 2 - -
2+2 1 - -
3+2 1 - -
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4016-025-013
Land Assessment
$348,048 CAD (2025)
Improvements Assessment
$522,089 CAD (2025)
Total Assessment
$870,138 CAD (2025)
  • Listing ID: 38408914

  • Date on Market: 2025-11-11

  • Last Updated:

  • Address: 413 N Market St, Inglewood, CA 90302

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