Description
We are pleased to present 521 S Flower Street, a 12-unit redevelopment opportunity in the City of Inglewood. The plans for 521 S Flower Street are for a three-story, 11,366 SF new construction apartment building. The development site received Planning Approval from the City of Inglewood and will be Ready to Issue Permits in approximately 2-3 months. There is currently a 4-unit building on the property allowing the builder to continue to collect the cash flow prior to construction. The design for 521 S Flower Street is a diversified unit mix of two (2) studios, two (2) onebedroom units, one (1) two-bedroom one-bathroom unit, two (2) three-bedroom one-bathroom units, and five (5) three-bedroom two-bathroom units. One unit will be designated to low income. The design includes twelve (12) parking spots on the ground floor. Located just three blocks from SoFi Stadium, 521 S Flower offers the opportunity to build twelve large units in the heart of one of the most promising real estate submarkets in Greater Los Angeles and capitalize on the appreciation of the city's rapid transformation
Details
| MLS # | SB26040797 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 190 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Nico Rosmarin |
Features
| Zoning | INR3 |
|---|---|
| Acreage | 0.23 |
| Property View | Yes |
Exterior
| Lot Features | Rectangular Lot |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $1,065,000 low | high Med: $795,000 On site: 190 low | high Med: 70 | |
Market Activity 90301
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Inglewood |
| Zip Code | 90301 |
| Area | 101 North Inglewood |
| Listing VS Median (in 90301) | |
Price: $1,065,000 low | high Med: $795,000 On site: 190 low | high Med: 70 | |
 | $1,599,800532 S Flower StreetInglewood, CA 90301 |