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$1,599,800
OC26117008 MLS ⋅ Active Status
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 three rear units are tenant occupied at market rates, 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, 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.

532 S Flower Street, Inglewood
$1,299,000
DW26089582 MLS ⋅ Active Status
Excellent investment opportunity in the highly desirable city of Inglewood! This 4-unit property offers strong income potential with one unit currently vacant, making it ideal for an owner-occupant or investor looking to maximize returns. Unit #1 is a spacious 4-bedroom, 2-bath unit and is projected at $3,400/month in the pro forma, presenting immediate upside. This unit is perfect for buyers utilizing owner-occupied financing while generating rental income from the remaining units. The property also features 5 garages, including a front garage with excellent ADU conversion potential (buyer to verify), creating an opportunity for additional income. With its prime location near major freeways, shopping, and entertainment, this property offers both current income and future growth potential.

719 E 65th, Inglewood

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.