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.
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Listing Snapshot
Price
$6,500,000
Days On Site
501 Days
Bedrooms
40
Inside Area (SqFt)
17,421 sqft
Total Baths
29
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.613 Acres
Year Built
1960
MLS® Number
24364315
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
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Recent Activity
3 months ago
Listing updated with changes from the MLS®
a year ago
Status changed to Pending
a year ago
Listing first seen on site
General Features
Acres
0.613
Disclosures
CityInspectionRequiredRentControl
Number Of Stories
2
Parking
Carport
Parking Spaces
26
Special Circumstances
Standard
SqFt Total
17421
Stories
Two
Zoning
INRM*
Interior Features
Heating
Natural GasWall Furnace
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Community Features
MLS Area
102 - South Inglewood
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. The 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, the 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.
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