CA > Inglewood
Inglewood, CA 90301,521 S Flower ST
$1,295,000
Est. payment /mo
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9,983 Sqft Lot
Active

521 S Flower ST Inglewood, CA 90301

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

Key Details

Property Type Vacant Land

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

Lease Land No

CRMLS – RECore
Listed by Nico Rosmarin Lyon Stahl Investment Real Estate, Inc. 303-819-5225

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agent

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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