709 S Flower Street, Inglewood, CA 90301

About this property

-Located within a Half-Mile of SoFi Stadium & The Forum -Less Than 1-Mile from the Proposed $1.2 Billion Clippers Arena -Centrally Located Near LAX Airport, Crenshaw/LAX Metro Station and Hollywood Park Development -Outstanding Unit Mix -All Tenants are Current on Rent -Approximately 42% in Projected Rental Upside -6.46% Pro-Forma Cap Rate & 10.79 Pro-Forma GRM -Close Proximity to Retail Shops, Dining & Entertainment of Manchester Boulevard & La Brea Avenue -Approximately 2.5-Miles from SpaceX Headquarters & Tesla Design Center -Newer Windows, Sound Insulation Retrofit for AC/Heater Units, Newly Painted Building, 7 Parking Spaces & On-Site Laundry Facility -SoFi Stadium Scheduled to Host Superbowl LVI in 2022 and Opening & Closing Ceremonies for 2028 Olympics -Clippers Arena Projected to Open for 2024-2025 NBA Season

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

Sale history

$1,750,000

Sold August 2021 · listed $1,900,000, on market April 2021 · MLS #21714830 · Source: CRMLS

Listing Agent: Jonathan Nikfarjam · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Jonathan Nikfarjam · Shield CRE, Inc.

$1,875,000

Sold November 2017 · listed $1,900,000, orig. $2,150,000, on market August 2017 · MLS #17265596 · Source: CRMLS

Listing Agent: Kelvin Tolbert · Listing Office: Tolbert and Associates · Contact: 310-649-2766 · Bought with: Kelvin Tolbert · Tolbert and Associates

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