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116 South Market Street

Calogero Mortin Purchases Mixed-use Property At 116 South Market Street Inglewood For $2.5M
SOLDMixed-use

Calogero Mortin Purchases Mixed-use Property At 116 South Market Street Inglewood For $2.5M

116 South Market Street

$2,500,000

$460/SF

Building Size

5,431 SF

Asset Type

Mixed-use

Closing

May 13, 2026

AI

116 South Market Street is a mixed-use property located in Inglewood, California, with a sale price of $2,500,000. The property encompasses a total of 5,431 square feet and is situated in an area recognized for its interesting and sought-after corridors.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,500,000
  • Address: 116 South Market Street, Inglewood, CA 90301
  • Square Footage: 5,431
  • Price Per Square Foot: $460
  • Buyer: Calogero Mortin
  • Seller: Jonathan Tilsman
  • Broker: Elijah Suval - Capital Bridge Real Estate Advisors

Elijah Suval of Capital Bridge Real Estate Advisors effectively represented both Calogero Mortin and Jonathan Tilsman in this transaction. He was able to generate interest from multiple parties prior to market entry and achieved a sale at 100% of the list price within 45 days of signing the listing agreement.

Players

Elijah Suval

Keller Williams Realty

Broker

$47.5M

vol

23 deals

Broker

Inglewood Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93