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Listed by Nico Rosmarin, DRE #02023847 • Lyon Stahl Investment Real Estate, Inc.
$ 985,000
Est. payment /mo
Price Dropped by $80K
521 S Flower Inglewood, CA 90301
9,986 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26040797
Lot Size 9,986 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
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. There is currently a 4-unit building on the property allowing an investor flexibilty to either build brand new or renovate the existing units. The design for 521 S Flower Street's approved plans 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 LSR
Exterior
View City Lights
Building
Water District - Public
Others
Tax ID 4021035008
Special Listing Condition Not Applicable
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