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 tocontinue 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-bathroomunits, and five (5) three-bedroom two-bathroom units. One unit will be designated to lowincome. The design includes twelve (12) parking spots on the ground floor.
SB24050095
Land, Other
Los Angeles
0.2292
Acres
Public
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- City
- Zoning
- INR3YY
- Additional Exterior/Lot Features
- Rectangular Lot.
Financial Considerations
4021035008
Cash, Conventional
Arrows indicate 90 day trend
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