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About This Home
This 10-bedroom, 7-bathroom multi-family at 532 S Flower Street in Inglewood, CA is listed for $1,699,800 ($384 per sqft). Built in 1928, the home offers 4,424 sqft of living space on a 0.22 acres lot.
Great Opportunity to own a 4-unit property situated on a 9,627 sq ft lot Zoned R3 and steps to Sofi Stadium! The property features a front house that will be delivered vacant at closing, providing flexibility for an owner-user, short-term rental operation, or leasing at market rent.
The three rear units are tenant-occupied, providing immediate and stable rental income. The property is currently professionally managed and operated. Property updates include newer HVAC systems and dual-pane windows. Additional features include four attached single-car garages, offering valuable tenant parking/storage.
This property is not subject to local rent control, allowing investors greater flexibility to capture future rental upside. With a strong 9.4 GRM, this asset presents an exceptional combination of phenomenal current cash flow and long-term growth potential.
Key Features
- Built in 1928
- 0.22 acre lot
- 6 parking spaces
Property Details
Monthly Cost Estimate
$9,091/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
532 S Flower Street
Inglewood, CA 90301
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 10-bedroom, 7-bathroom multi-family at 532 S Flower Street is listed at $1,699,800 ($384/sqft). The estimated monthly payment is $7,366 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.22 acre lot, 6 parking spaces. Interior Features: Window Features: Double Pane Windows. Exterior Features: Community Features Included: Street Lights, Sidewalks, Rectangular Lot.
This property is listed by Gene Smith and can be reached at 9493957552 or genesmith@remax.net.