709 S Flower St | Inglewood, CA 90301
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709 S Flower St
Inglewood, CA 90301
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Located within a Half-Mile of SoFi Stadium & The Forum | Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena
- Approximately 42% in Projected Rental Upside | 6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM
- Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development
- Outstanding Unit Mix | All Tenants are Current on Rent
- Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility
- Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue
Property Facts
| No. Units | 7 | Building Size | 6,830 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | INR3YY | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,830 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | INR3YY |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,623 | - |
| 2+2 | 4 | $1,501 | - |
| 1+1 | 2 | $1,347 | - |
Property Taxes
| Parcel Number | 4021-042-003 | Improvements Assessment | $371,422 |
| Land Assessment | $1,485,691 | Total Assessment | $1,857,113 |
Property Taxes
Parcel Number
4021-042-003
Land Assessment
$1,485,691
Improvements Assessment
$371,422
Total Assessment
$1,857,113
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