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29946001

521 S Flower St, Inglewood, CA 90301

NR
02023847
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate
$1,065,000
101 days on market
Updated 101 days ago

521 S Flower Street, Inglewood

Details
APN 4021-035-008
Property Type Land, Multifamily
Sub Type Apartment Building, Residential
Net Rentable (SqFt) 2,344
Units 4
Broker Co-Op Yes
Year Built 1923
Buildings 1
Stories 1
Lot Size (SqFt) 9,983
Zoning INR3
Investment Type Redevelopment

Approved Plans for 12-Unit Apartment Building | RTI in 2-3 Months

Marketing description

Nico Rosmarin of Lyon Stahl Investment Real Estate is 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 with one vacancy 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.

Investment highlights

-Approved Plans

-RTI in 2-3 Months

-Blocks away from SoFi

Listing Contacts

NR
02023847
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate

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