Sold

536 S Flower Street

Inglewood CA, 90301

$2,785,000


$325.85 per sqft

Sold

16 Beds

12 Baths

8,547 sqft

Residential

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

February 16, 2024

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

Other Property Details

Area Name

101 - North Inglewood


Days on Market

73


Garage

Yes


Garage Spaces

4


Parking

Carport, Garage


Parking Total

9


View

No


County

Los Angeles


Pool

No


Zoning

INR3YY


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

12/16/2023

Price Change

$2,575,000

-8%

12/16/2023

Sold

11/3/2023

Under Contract

Listing Contact: 310-593-9869 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:26 AM UTC

 

Powered byLuxury Presence