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9,983 Sqft Lot
$ 1,065,000
Est. payment | /mo
9,983 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB26040797
HOA Y/N No
Lot Size 9,983 Sqft
Property 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
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
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3
Interior
Fireplace No
Exterior
Community Features Urban
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4021035008
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Nico Rosmarin Lyon Stahl Investment Real Estate, Inc. 303-819-5225, DRE #02023847
Nearby Locations
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