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1026 S Flower St Inglewood, CA 90301
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Key Details
Sold Price $6,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,421 sqft
Price per Sqft $373
MLS Listing ID 24-364315
Sold Date 04/30/24
Bedrooms 40
Year Built 1960
Lot Size 0.613 Acres
Acres 0.6129
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 South Inglewood
Zoning INRM*
Rooms
Other Rooms Other
Interior
Heating Wall, Natural Gas
Cooling None
Equipment None
Exterior
Parking Features Carport, Controlled Entrance
Garage Spaces 26.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with McAlpin & Company
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