532 S Flower ST Inglewood, CA 90301

Non-rent controlled 4 Plex Steps to Sofi Stadium. This massive 4 plex sits on an oversized 9,627 Sq ft. Lot. 4.45% current cap rate on actuals based on the buyer tax rate and bank underwriting.
This is a very desirable and rare asset in Inglewood due to the size of the building and lot, as well as location.
532 S. Flower Street is a 4-Unit asset located in the heart of Inglewood, just steps from the Brand New NFL Stadium and Hollywood Park Development. The property is a legal 4-Unit and includes a nonconforming 5th unit. 4 unit buildings are NOT subject to Inglewood Rent Control.
This spacious asset, located in Inglewood, is comprised of (1) 3-bedroom/2-bath, (1) 2-bedroom/1-bath and (3) 1-bedroom/1-bath units. The building features 4,424 Sq.Ft of living space, and sits on a massive 9,627 Sq.Ft lot. The units feature hardwood floors, new paint, spacious layouts, and beautiful landscaping. There is still room to grow the monthly rental income, with a 5.16% Market CAP. The subject property lies only steps away from the Brand New NFL
Stadium, Clippers Arena, and the Hollywood Park Development, which will include 500,000 Sq.Ft of retail space, a 300 unit hotel, 314 apartment
units, and plenty of office space. This value-add property is an ideal pickup for any investor or owner/user looking to live in one unit and let
the others pay off the mortgage!