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8-Unit Apartment Building
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1016 N Market St, Inglewood, CA 90302

Unit mix spans one-, two-, and three-bedroom apartments with on-site tandem and garage parking.

Property Size6,027 SF
Lot Size0.15 Acres
Days on Market146

Property Features for 1016 N Market St

General Information

Standard status Active
Size 6,027 SF
Total Parking Spaces 20
Lot size 0.15 Acres
Property subtype Multifamily

Units

Unit Mix 5 x 1BR/1BA, 2 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 8

Building Details

Year Built 1964
Listing Agency: Ascension
Listed By: John Katnik · License #CA 02002695
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 10:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ascension

Investment Insights

Based on property information with market context.

The Emerald is an 8-unit apartment property at 1016 North Market Street in Inglewood. Built in 1964, the building provides 6,027 square feet of gross area on a 6,558 square foot lot. The configuration includes five one-bedroom/one-bathroom apartments, two two-bedroom/one-bathroom apartments, and one three-bedroom/two-bathroom apartment.

Parking includes 16 tandem spaces and 4 garage spaces. The property is positioned just north of Centinela Avenue and east of North La Brea Avenue. The Forum and the Hollywood Park redevelopment site are located a few miles away; the redevelopment includes an NFL stadium, a 300-room hotel, over 3,000 units, and new retail and office space.

Key Highlights

  • 8‑unit apartment community built in 1964
  • 6,027 square feet of gross area on a 6,558 square foot lot
  • Unit mix: five 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Tattoo & Piercing Shop Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby

Demographics for 90302, CA

29,264
Population
11,366
Households
2.6
Avg Household Size
36
Median Age
30%
College-Educated
81%
High-School Grad
1.9 sq mi
ZIP Area
15,402
Density / Sq Mi
$72,461
Median Household Income
$37,675
Median Earnings
$1,784
Median Rent
$731,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit mix spans one-, two-, and three-bedroom apartments with on-site tandem and garage parking.
Where is this apartment building located?
The property is located at 1016 N Market St Inglewood, CA.
What are key features of this property?
This property features: 8‑unit apartment community built in 1964; 6,027 square feet of gross area on a 6,558 square foot lot; Unit mix: five 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, and one 3‑bedroom/2‑bathroom units
(424) 325-2604 Call to check price and availability
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