521 S Flower ST Active Save Request In-Person Tour Request Virtual Tour
Inglewood,CA 90301
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25129892
HOA Y/N No
Lot Size 9,983 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Zoning INR3YY
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot
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