$1,350,000
For Sale

521 S Flower Street

Inglewood, CA 90301
0.23 acres | #SB24050095
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Purchase
Structure:Land
Zone:Residential

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 with one vacancy 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$1,350,000
      • MLS #SB24050095
      • MLS #SB24050095
      • Property TypePurchase
      • Cost1350000
      • Acres0.2292
      • Utility SourcePublic
      • Property SubtypeLand

Location

Amber RomoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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