Properties

Inglewood, CA 90301 1026 S Flower Street

Pending
1026 S Flower Street Inglewood, CA - Image 11026 S Flower Street Inglewood, CA - Image 21026 S Flower Street Inglewood, CA - Image 3
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1026 S Flower Street Inglewood, CA - Image 41026 S Flower Street Inglewood, CA - Image 51026 S Flower Street Inglewood, CA - Image 6
Presented By: Enedina Sanchez with McAlpin & Company;
  • MLS# 24364315
  • 03/02/2024
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  • Beds • 40
  • Baths • 2
  • SQFT • 17,421

Home Details

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.
Presented By: Enedina Sanchez with McAlpin & Company;

Interior Features for 1026 S Flower Street

Bedrooms

Total Bedrooms40

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths29

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Heating Y/NYes
Total Stories2

General for 1026 S Flower Street

Cap Rate5.27
Carport Y/NYes
CityInglewood
CoolingNone
CountyLos Angeles
DirectionsNorth of Century/South of Arbor Vitae/West of Prairie/East of La Brea
DisclosuresCityInspectionRequired, RentControl
Full Baths
Gross Income4500
HOANo
HeatingNaturalGas, WallFurnace
LevelsTwo
Living Area17421
Lot Size Square Feet26701
Lot Size UnitsSquareFeet
MLS Area102 - South Inglewood
Net Operating Income343037
New ConstructionNo
Number Of Units Total26
Occupancy TypeTenant
PostalCityINGLEWOOD
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Year Built1960
ZoningINRM*

Exterior for 1026 S Flower Street

Building Area Total17421
Lot Dimensions117x234
Lot Size Acres0.613
Lot Size Area26701
Lot Size SourceOther
Number of Buildings2
Parking FeaturesControlledEntrance, Carport
Total Parking26

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $6,500,000
MLS#24364315
List Date 03/02/2024
Property Type Single Family
Phone 888.795.6274
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