521 S Flower Street Active

Inglewood,CA 90301

$ 1295000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25129892

HOA Y/N No

Lot Size 9,986 Sqft

Acres 0.23

Property Sub-Type Unimproved Land

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

Zoning INR3

Interior

Fireplace No

Exterior

View Y/N true

View City Lights

Building

New Construction No

Others

Tax ID 4021035008

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