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    709 S Flower Street

    Inglewood, CA 90301
    • $1,900,000
    • STATUS: Active Under Contract
    • ON SITE: 121 days
    • ID#: 21714830
    Under Contract
    UPDATED: 58 min ago
    $1,900,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,830
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    -Located within a Half-Mile of SoFi Stadium & The Forum -Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development -Outstanding Unit Mix -All Tenants are Current on Rent -Approximately 42% in Projected Rental Upside -6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM -Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue -Approximately 2.5-Miles from SpaceX Headquarters & Tesla Design Center -Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility -SoFi Stadium Scheduled to Host Superbowl LVI in 2022 and Opening & Closing Ceremonies for 2028 Olympics -Clippers Arena Projected to Open for 2024-2025 NBA Season

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/115772449
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    709 S Flower Street Inglewood, CA 90301

    • Price: $1,900,000
    • Status: Active Under Contract
    • Updated: 58 min ago
    • ID#: 21714830
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,830
    SQFT
    $278
    $/SQFT
    1960
    Built
    Neighborhood:
    101 - North Inglewood
    County:
    Los Angeles
    Area:
    101 - North Inglewood
    Property Description
    -Located within a Half-Mile of SoFi Stadium & The Forum -Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development -Outstanding Unit Mix -All Tenants are Current on Rent -Approximately 42% in Projected Rental Upside -6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM -Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue -Approximately 2.5-Miles from SpaceX Headquarters & Tesla Design Center -Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility -SoFi Stadium Scheduled to Host Superbowl LVI in 2022 and Opening & Closing Ceremonies for 2028 Olympics -Clippers Arena Projected to Open for 2024-2025 NBA Season
    Exterior Features

    Number Of Separate Electric Meters 7 Parking Features Assigned

    Property Features

    Additional Parcels YN No Gross Income 124492 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 73056 Number Of Separate Gas Meters 7 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 123875 Vacancy Allowance Rate 0 Zoning Inr3yy

    Listing provided courtesy of Jonathan Nikfarjam of Shield Cre, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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