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About the Listing H03499 - OCSMITGEN,OCCOSNCHL
HUGE PRICE IMPROVEMENT!!! Great opportunity to own an extensively improved 4 unit property situated on a spacious 9,627 square foot R3 zoned lot, just moments from SoFi Stadium, the Kia Forum, Hollywood Park, and the ongoing redevelopment transforming Inglewood. The property features a front house that will be delivered vacant at the close of escrow, creating exceptional flexibility for an owner occupant, investor, short term rental operator, or tenant seeking market rent. The three rear units are tenant occupied, providing immediate and stable rental income from day one. This turn key asset has benefited from thoughtful upgrades and improvements and is professionally managed and operated. Recent enhancements include a new roof installed in 2022, a permitted kitchenette in the main house, an updated kitchen in the main house, and an upgraded electrical panel. The property has also been approved for additional improvements through the Residential Sound Insulation Program (RSIP). Scheduled for installation in early 2027, and transferable to the next owner, these improvements include upgraded HVAC systems, new interior and exterior doors, and dual and triple pane windows, representing a substantial future benefit at no cost to the buyer. The property also offers four attached single car garages, creating valuable parking and storage options. Buyers may wish to explore the potential for future ADU conversion, subject to city requirements and approvals, adding another layer of long term upside. With strong in place income, a vacant owner's unit, significant recent capital improvements, development friendly R3 zoning, and a premier location in one of Southern California's most dynamic growth corridors, this property presents an exceptional combination of current cash flow and future appreciation potential. This one is a slam dunk and truly does not disappoint.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Multi-Family
MLS ®
OC26117008
Year Built
1928
Total Square Footage
4,424
Lot/Acreage
0.22
County
Los Angeles
Interior Details
- Bedrooms: 10
- Bathrooms: 7 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 6
- Roof: Asphalt
- Others: Turnkey,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4021037028
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
532 S Flower St Inglewood, CA 90301
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