521 S Flower ST Active

Inglewood,CA 90301

$ 1295000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25129892

Lot Size 9,986 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

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

Area 101 - North Inglewood

Zoning LSR

Exterior

View City Lights

Building

Water District - Public

Others

Tax ID 4021035008

Special Listing Condition Not Applicable

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