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    Quadplex with Attached Garages Title is generated by Realmo AI

    532 S Flower Street, Inglewood, CA 90301

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    New
    For Sale
    $1,699,800

    Quadruplex - Inglewood, CA

    Type:Quadruplex
    Property size:
    4,424 SF
    Lot size:
    9,615.00 Acres
    Price / SF:
    $384/SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 532 S Flower Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Bedrooms
    10
    Bathrooms
    7
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    6
    Parking features
    Driveway, Garage
    Window features
    Double Pane Windows
    Interior features
    Window Features: Double Pane Windows
    Exterior features
    Community Features Included: Street Lights, Sidewalks, Rectangular Lot, Level
    Standard status
    Active
    APN
    4021037028
    Size
    4,424 SF
    Lot size
    9,615.00 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Laminate
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Gene Smith

    Listing agent Gene Smith License #01965474

    Listing office RE/MAX TerraSol 21230 Beach Blvd, Huntington Beach, CA

    Listing date Jun 2, 2026

    MLS# OC26117008 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑unit property on a 9,627 SF lot zoned R3
    • Front house will be delivered vacant at closing; three rear units are tenant‑occupied
    • Four attached single‑car garages for tenant parking/storage
    • Updates include newer HVAC systems and dual‑pane (double pane) windows
    • Central air and forced‑air heating; laminate flooring; asphalt roof
    • Not subject to local rent control; strong 9.4 GRM per public remarks

    Overview

    This quadplex consists of four units on a 9,627 square foot lot zoned R3. The front house will be delivered vacant at closing, giving an owner-user or operator flexibility, while the three rear units are currently tenant-occupied. The property is under professional management and operation, with updates reported as newer HVAC systems and dual-pane windows.

    The property is located at 532 S Flower Street in Inglewood, California, in Los Angeles County, and is described as being near Sofi Stadium. The site also includes four attached single-car garages, which can support tenant parking and storage needs.

    For tenants and buyers seeking a small, income-producing rental asset, the current configuration offers a combination of an available front unit at closing and occupied rear units. The presence of attached garages and the reported mechanical and window updates can be attractive for prospective renters, while the professional management can support a streamlined operational approach for an investor or owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inglewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.346565
    Latitude
    33.9573128

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with attached single-car garages and updates including newer HVAC systems and dual-pane windows.
    Where is this quadplex located?
    The property is located at 532 S Flower Street Inglewood, CA.
    What is the asking price?
    The asking price for this property is $1,699,800.
    What are key features of this property?
    This property features: 4‑unit property on a 9,627 SF lot zoned R3; Front house will be delivered vacant at closing; three rear units are tenant‑occupied; Four attached single‑car garages for tenant parking/storage
    (949) 395-7552
    We can help!
    Listing Contact
    Gene Smith
    Real Estate License ID: 01965474
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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