521 S Flower Street
Inglewood, CA 90301
0.23 acres | #SB25129892
Description
See Offering Memorandum for property plans.
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) one-bedroom 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.
Property Details
- Lot DescriptionRectangularLot
- CountyLos Angeles
- ViewCityLights
- Original List Price$1,295,000
- MLS #SB25129892
- MLS #SB25129892
- Property TypePurchase
- Cost1295000
- Acres0.2292
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Nico Rosmarin (#SBROSMNIC)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)
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