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.
Property Type :
Land
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Land
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ByOwner last updated this listing 05/19/2024 @ 00:09
MLS: SB24050095
LISTED BY: Nico Rosmarin, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
