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Listed by Gene Smith, DRE #01965474 • RE/MAX TerraSol
$1,599,800
Est. payment /mo
9,615 Sqft Lot
Price Dropped by $50K
532 S Flower ST Inglewood, CA 90301
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26117008
Year Built 1928
Lot Size 9,615 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
NEW PRICE for this fully leased and professionally managed income property showing strong income. Great opportunity to own an extensively improved 4 unit property situated on a spacious 9,627 square foot R3 zoned lot, just moments from SoFi Stadium, the Kia Forum, Hollywood Park, and the ongoing redevelopment transforming Inglewood. The three rear units are tenant occupied at market rates, providing immediate and stable rental income from day one. This turn key asset has benefited from thoughtful upgrades and improvements and is professionally managed and operated. Recent enhancements include a new roof installed in 2022, a permitted kitchenette in the main house, an updated kitchen in the main house, and an upgraded electrical panel. The property has also been approved for additional improvements through the Residential Sound Insulation Program (RSIP). Scheduled for installation in early 2027, and transferable to the next owner, these improvements include upgraded HVAC systems, new interior and exterior doors, and dual and triple pane windows, representing a substantial future benefit at no cost to the buyer. The property also offers four attached single car garages, creating valuable parking and storage options. Buyers may wish to explore the potential for future ADU conversio
Location
State CA
County Los Angeles
Area 101 - North Inglewood
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry Other
Exterior
Parking Features Garage, Other
Garage Spaces 6.0
Pool 31, None
View Local/Neighborhood
Roof Type 2
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 4021037028
Special Listing Condition Not Applicable
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