Homes for sale - 829 S Flower ST, Inglewood, CA 90301

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$1,995,000

Est. payment - /mo

8,768 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25113557

HOA Y/N No

Year Built 1960

Lot Size 8,768 Sqft

Property Sub-Type Apartment

Property Description

8 Prime units North Inglewood - On the Market for the 1st time in over 40 years! This asset is a Gem that shouldn't be overlooked. Owned by a former management company/operator that specialized in the city of Inglewood for 40+ years (recently retired). This asset is situated 3 short blocks to the new Sofi & Intuit Stadiums, Hollywood Park Casino, LA Forum, Centinela Hospital, and within a few miles to LAX, SpaceX, California Beaches, + all major freeways (105, 405, 90).
Consisting of an outstanding unit mix of Seven: 2 Bedrooms One Bath units and One: (Giant) 3 Bedroom 3 Bath unit, this superior unit mix promotes a very stable tenancy base with 50% of the residents residing on site for over 10 years+ and only 1 vacancy in the last 5 years!
The city of Inglewood has its own Rent Registry Department that is deemed by many investors as fair to landlords. Rents that are below predetermined Market Rents can be increased 8.8% annually - see the City of Inglewood Rent Registry Site for more information.
Upgrades: New Electrical Panels and Subpanels for all units! Roof is Approx 10 yrs old.
Notable Amenities: Private Patio on 3 Bedroom unit, 2 units with outdoor patios/decks, Covered Parking for 8 Cars, MTM Laundry Agreement (upside).
Upside: This asset is scheduled to received significant FAA Noise Abatement Upgrades in the near future (date to be determined)

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3

Interior

Fireplace No

Laundry Common Area, In Carport

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Garden, Landscaped, Rocks

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4024005009

Energy Description 2100.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by David Holstein The Holstein Group 310-345-9994

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

829 S Flower ST Inglewood, CA 90301