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$1,200,000 -$120,000 (-9.09%) Price Reduced

  • For Sale
  • Active
  • Commercial Multi-Family
  • 5,037 Sq. Ft.
  • 0.1156 Acres
  • Updated 3 days ago
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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).

Full Property Details for 1042 N Market

General

  • Price: $1,200,000
  • Taxes: $5,878 (2026)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: MRMLS
  • MLS ID: MB26117076
  • Updated: 7/25/2026
  • Days on Market: 44 days
  • Added to Site: 46 day(s) ago

Business

  • Business Type: Multi-Tenant

Interior

  • Laundry Facilities: Yes

Rooms

Other Rooms

  • Laundry: Outside

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s)

Location

  • County: Los Angeles
  • Driving Directions: 10 Fwy Santa Monica to 110 Fwy S Los Angeles

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Floor Furnace

Utilities

  • Utility Description: Water Available, Sewer Available, Phone Available, Natural Gas Available, Cable Available, Electricity Available

Structural Information

  • # Buildings: 2
  • Roof: Shingle
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Building Size: 5037
  • Square Feet: 5,037
  • Current Bldg. Use: Multi-Family
  • Year Built: 1953
  • Year Built Source: Public Records

Unit Information

  • Occupancy Rate: Occupied

Lot Features

  • Lot Size (Acres): 0.1156
  • Useable Acres: .1156
  • Lot Size (Sq. Ft.): 5,037
  • Lot Size Source: Assessor
  • Fence: Yes
  • Lot Features: Level with Street, 2-5 Units/Acre, Back Yard
  • Lot Description: Level with Street, 2-5 Units/Acre, Back Yard
  • Fencing (Description): Block, Wrought Iron

Financial Considerations

  • Price Per Sq. Ft.: $238
  • Operating Expenses: $11,878
  • Tax Amount: $5,878
  • Tax Year: 2026

Disclosures and Reports

  • Investment: Yes
  • Property ID: 4014011023

Listed by Commonwealth Realty Group, DOROTHYMACIAS

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Listing agent

— 1042 N Market —

  • DOROTHYMACIAS

    Commonwealth Realty Group

562-418-4062

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1042 N Market

School District:Inglewood Unified School District
NameGradesDistance
Centinela Elementary School
1123 North Marlborough Avenue, Inglewood, CA 90302
K-60.6 mi
Crozier (George W.) Middle School
1210 West Regent Street, Inglewood, CA 90301
7-81.1 mi
Inglewood High School
231 South Grevillea Avenue, Inglewood, CA 90301
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1042 N Market Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/25/2026
Price Reduced
$1,200,000
-9.09%
MLS
6/12/2026
Listed
$1,320,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1042 N Market

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,879
12%
$320,062
4%
2023
$5,267
-1%
$307,636
2%
2022
$5,330
1%
$301,605
2%
2021
$5,277
4%
$295,692
1%
2020
$5,089
1%
$292,661
2%
2019
$5,014
2%
$286,924
2%
2018
$4,927
4%
$281,299
2%
2017
$4,756
3%
$275,784
2%
2016
$4,604
1%
$270,378
2%
2015
$4,559
—
$266,318
2%
2014
$4,572
1%
$261,102
—
2013
$4,541
—
$259,923
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Commonwealth Realty Group, DOROTHYMACIAS

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1042 N Market, Inglewood, CA 90302 (MLS# MB26117076) is a Commercial Multi-Family property. 1042 N Market is currently listed for $1,200,000 and was received on June 12, 2026. Want to learn more about 1042 N Market? Do you have questions about finding other Commercial Multi-Family real estate for sale in Inglewood? You can browse all Inglewood real estate or contact a Coldwell Banker agent to request more information.

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