Homes for sale - 829 S Flower ST, Inglewood, CA 90301

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by David Holstein • The Holstein Group

$1,995,000

Est. payment - /mo

8,768 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25113557

Year Built 1960

Lot Size 8,768 Sqft

Source California Regional MLS

Property Description

8 Prime units North Inglewood - On the Market for the 1st time in over 40 years! This asset is a Gem that shouldn't be overlooked. Owned by a former management company/operator that specialized in the city of Inglewood for 40+ years (recently retired). This asset is situated 3 short blocks to the new Sofi & Intuit Stadiums, Hollywood Park Casino, LA Forum, Centinela Hospital, and within a few miles to LAX, SpaceX, California Beaches, + all major freeways (105, 405, 90). Consisting of an outstanding unit mix of Seven: 2 Bedrooms One Bath units and One: (Giant) 3 Bedroom 3 Bath unit, this superior unit mix promotes a very stable tenancy base with 50% of the residents residing on site for over 10 years+ and only 1 vacancy in the last 5 years! The city of Inglewood has its own Rent Registry Department that is deemed by many investors as fair to landlords. Rents that are below predetermined Market Rents can be increased 8.8% annually - see the City of Inglewood Rent Registry Site for more information. Upgrades: New Electrical Panels and Subpanels for all units! Roof is Approx 10 yrs old. Notable Amenities: Private Patio on 3 Bedroom unit, 2 units with outdoor patios/decks, Covered Parking for 8 Cars, MTM Laundry Agreement (upside). Upside: This asset is sc

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Interior

Laundry Other, Washer/Dryer - Leased, Community Facility

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 4024005009

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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829 S Flower ST Inglewood, CA 90301

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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