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532 S Flower Street, Inglewood, CA 90301

Property

For sale now

532 S Flower Street is on the market at $1,599,800. See the current listing →

532 S Flower Street, Inglewood, CA 90301 Sold June 2021 CRMLS
$1,300,000Sold June 2021

Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Wenjue Julia Shi · Real Property Management Choice · MLS #SB21060500 · Source: CRMLS

9,627 sqft
Lot Size
1928
Year Built
Property
Type
0
Garage

How this sale compares

532 S Flower Street sold for $1,300,000 in June 2021, 0.4% over its $1,295,000 list price, after 14 days on the market. Across 53 closed sales in 90301 over the last 12 months, the median sold price is $760,000 and the median is $509 per square foot.

$509
90301 median per sq ft (12 mo)
$760,000
90301 median sold price (12 mo)
53
Closed sales in 90301 (12 mo)
14
Days on market
+0.4%
Sold vs. list price
QuarterClosed sales in 90301Median sold price
Q1 202612$580,000
Q2 202623$960,000
Q3 202618$712,140

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Inglewood · Homes for sale in 90301

About this property

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!

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$1,300,000
Sold June 2021 · listed $1,295,000, on market March 2021, 14 days on market · MLS #SB21060500 · Source: CRMLS
Listing Agent: Cameron Samimi · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Wenjue Julia Shi · Real Property Management Choice

Recent sales near 532 S Flower Street

MLS-reported closed sales in 90301, nearest first (last 12 months). All recent sales in Inglewood →

Questions about 532 S Flower Street

When did 532 S Flower Street last sell?

532 S Flower Street last sold in June 2021 for $1,300,000, according to CRMLS-reported closed sales.

What did 532 S Flower Street sell for?

$1,300,000, 0.4% above the $1,295,000 list price, after 14 days on the market.

How does that compare to other Inglewood sales?

53 homes closed in ZIP 90301 over the last 12 months at a median of $760,000 ($509 per square foot).

Is 532 S Flower Street for sale now?

Yes — 532 S Flower Street is currently on the market at $1,599,800. Open the current listing on Nalren for photos, details and the listing agent.

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