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… Read More 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. Read Less
Property listed by McAlpin & Company, Enedina Sanchez 310-437-4172
Listing Snapshot
Days Online
493
Last Updated
Property Type
Other
Beds
40
Square Ft.
17,421
Lot Size
0.61 Acres
Year Built
1960
MLS Number
24364315
30 Days Snapshot Of 90301
$920k
+47%
(avg) sold price
3
-62%
homes sold
129
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1960, Building area total: 17,421, Levels: Two, Living area: 17421, 2 stories, 2 buildings
Cooling
None
Heating
NaturalGas, WallFurnace
Income
Gross income: $4,500, Net operating income: $343,037
Lot
0.613 acres, 26,701 square feet, Size: 26,701
Parking
26 totals parking, ControlledEntrance, Carport
Property
Zoning: INRM*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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