$1,350,000
521 Flower Street, Inglewood 90301
9,986
Lot Size
Listing Agent
Nico Rosmarin - Lyon Stahl Investment Real Estate, Inc.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 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) 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.
Facts & Features
| MLS® # | SB24050095 |
|---|---|
| Price | $1,350,000 |
| Bathrooms | 0.00 |
| Lot Size | 9,986 |
| Type | Land |
| Status | Active |
Community Information
| Address | 521 Flower Street |
|---|---|
| Area | 101 - North Inglewood |
| City | Inglewood |
| County | Los Angeles |
| Zip Code | 90301 |
Amenities
| View | City Lights |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | March 12th, 2024 |
|---|---|
| Days on Market | 96 |
| Zoning | INR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Nico Rosmarin |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |