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$6,500,000
Est. payment /mo
40 Beds
29 Baths
17,421 SqFt
UPDATED:
09/30/2024 06:55 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 17,421 sqft
Price per Sqft $373
MLS Listing ID 24364315
Bedrooms 40
HOA Y/N No
Year Built 1960
Lot Size 0.613 Acres
Property Description
This listing is for two buildings 1018 and 1026 S. Flower St. that must be sold together. It consists of two buildings totaling 26 units with an excellent unit mix 1,2 and 3 bedroom units. All units have been remodeled within the last 10 years and consist of many stable long term tenants. This presents an opportunity for a saavy investor to reposition building and improve financials for long term passive income. Please see attached OM for detailed unit Income/Expense information. Inglewood is already the emerging entertainment and sports epicenter of Southern California, with the historic Forum, Sofi Stadium, You Tube Theatre, Intuit Dome, Hollywood Park Casino and Residences. "The Islander" property is only two blocks from this ever expanding Hollywood Park Community located at 1018-1026 S. Flower St, Inglewood CA.
Location
State CA
County Los Angeles
Area 102 - South Inglewood
Zoning INRM*
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Controlled Entrance, Carport
Parking Type Controlled Entrance, Carport
Total Parking Spaces 26
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4024011017
Special Listing Condition Standard
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Listed by Enedina Sanchez • McAlpin & Company