532 S Flower St , Inglewood, CA 90301
$1,599,800
Est. Payment: $8,473.59/mo
9 Bed
7 Bath
4424 Sqft
Status: Active | Days on site: 92
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House Description

Come and get it! Fully leased and professionally managed quadruplex with strong income at an impressive 12.78 GRM. 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. All four 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.

Highlights

Listed by Gene Smith , 714-581-8672 and Chloe Cosnier , 949-231-7604 RE/MAX TerraSol , 714-536-6529. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1928

County

Los Angeles

Area

101 - North Inglewood

Listing ID

OC26117008

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:7
  • Full Bathrooms:
Floor:Laminate
Water:Public

Exterior Features

Lot:Level,Rectangular Lot,No Land Lease
Garage Capacity:6
Roof:Asphalt
Others:
  • Additional:Turnkey, 2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Driveway,Garage
Principal Interest
$8,474
Taxes
$1,020

Home Price

$1,599,800

Loan Details

30 yrs
6.952%

Down Payment

20%
$319,960
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,473.59

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,473.59 $1,019.87 $0.00 $9,493.46
Yearly $101,683.08 $12,238.47 $0.00 $113,921.55
Total $3,050,492.31 $367,154.10 $0.00 $3,417,646.41

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Inglewood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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