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Listed by Nico Rosmarin • Lyon Stahl Investment Real Estate, Inc.
$1,295,000
Est. payment /mo
9,986 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,986 sqft
Price per Sqft $129
MLS Listing ID CRSB25129892
HOA Y/N No
Lot Size 9,986 Sqft
Property Sub-Type Unimproved Land
Source Datashare California Regional
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
Interior
Fireplace No
Exterior
View City Lights
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613