Under Contract
536 S Flower Street
Inglewood CA, 90301
$2,785,000
$325.85 per sqft
Under Contract
16 Beds
12 Baths
8,547 sqft
Multi-family
Built in 1961
Listed by Jonathan Nikfarjam with Shield CRE, Inc. 310-593-9869
Location, Location, Location! 2 Blocks from SoFi Stadium, The Forum & the Upcoming Inglewood Transit Connector (ITC) and Less Than 1 Mile from Intuit Dome (Clippers Arena) | Completely Renovated with City of Inglewood/LAX Sound Insulation Program - Double/Triple Pane Windows, All New Electrical, New Special Doors, Individual HVACs, Etc. | 5.25% Current Cap Rate & 13.24 Current GRM | Brand New Silicone Roof with 15+ Year Warranty | Desirable ADU Potential - Possibility to Add 2 ADUs (Accessory Dwelling Units) | 8,547-SF Building on Large 9,625-SF Lot | Units Upgraded with Vinyl Plank Flooring & LED Lighting | Full Copper Plumbing & Newer 100-Gallon Hot Water Heater | Approximately 23% in Rental Upside - 6.94% Pro-Forma Cap Rate & 10.76 Pro-Forma GRM | Nine Total Parking Spaces - Two Enclosed Double-Car Garages + Five Carport Spaces with Storage | Seven of the Units Contain Private Patios/Balconies | Gated Building with Intercom Access and On-Site Laundry | Spacious 2-Bedroom Unit & 3-Bedroom Unit with Washer/Dryer Hook-Ups & Private Patio/Balcony
23303419
MLSⓇ ID
August 22, 2023
Listed
November 3, 2023
Updated
Map
536 S Flower Street
Inglewood CA, 90301
Interior Features
Total Stories
2
Bedrooms
16 Beds
Bathrooms
12 Baths
Laundry Description
Laundry Room
Floor Description
Vinyl
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.22 acres
Exterior Features
Open, Patio
Other Property Details
Days on Market
73
Garage
Yes
Garage Spaces
4
Parking
Carport, Garage
Parking Total
9
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/3/2023 | Under Contract | — |
Listing Contact: 310-593-9869
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/3/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/3/2023 at 4:59 PM UTC