521 S Flower, Inglewood, CA 90301
List Price: $1.06M
Listing Status: ActiveUnderContract
0Days on Market: 69
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 9,986 sq ft
MLS Number: SB26040797
About This Property
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
Listing provided by: Nico Rosmarin DRE #02023847 310-425-9838 nico@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: SB26040797
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.