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4-Unit Residential Income Property

532 S Flower St Inglewood, CA 90301

532 S Flower St, Inglewood, CA, 90301
$1,649,800
For Sale
$1,649,800

Extensively improved fourplex with a vacant front unit, tenant-occupied rear units, and multiple upgrades including a 2022 roof.

Lot Size0.22 Acres
Days on Market47

Property Features for 532 S Flower St

General Information

Standard status
Active
Lot size
0.22 Acres
Property subtype
Investment

Building Details

Year Built
1928
Listing Agency RE/MAX TERRASOL
Listed by Chloe Cosnier · License #01965474
Source Elliman
Added: Jun 4 Checked: Jul 19 at 6:38 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX TERRASOL


Investment Insights

Based on property information with market context.

This extensively improved four-unit residential income property is set on a spacious 9,627 square foot lot zoned R3. The layout includes a front house that will be delivered vacant at the close of escrow, along with three rear units that are tenant occupied, supporting rental income from day one. The property is professionally managed and operated, with recent capital improvements that 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 home also offers four attached single-car garages for parking and storage.

The location places the property just moments from SoFi Stadium, the Kia Forum, and Hollywood Park, with ongoing redevelopment transforming the surrounding Inglewood area. Additionally, the property has been approved for further enhancements through the Residential Sound Insulation Program (RSIP), scheduled for installation in early 2027 and transferable to the next owner.

For buyers seeking a versatile structure, the vacant owner’s unit at closing can support owner-occupancy, while the three rear units remain in place. RSIP improvements are planned to include upgraded HVAC systems, new interior and exterior doors, and dual and triple pane windows at no cost to the buyer. Buyers may also wish to evaluate the possibility of future ADU conversion, subject to city requirements and approvals.

Key Highlights

  • Extensively improved 4‑unit property on a 9,627 SF R3‑zoned lot
  • Front house will be delivered vacant at close of escrow for flexible owner‑occupant use
  • Three rear units are tenant occupied, providing immediate rental income

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Carpet & Flooring Store Travel Agency Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Locksmith Restaurant Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home Butcher

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

FAQs

What type of property is this?
Quadplex - Extensively improved fourplex with a vacant front unit, tenant-occupied rear units, and multiple upgrades including a 2022 roof.
Where is this quadplex located?
The property is located at 532 S Flower St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,649,800.
What are key features of this property?
This property features: Extensively improved 4‑unit property on a 9,627 SF R3‑zoned lot; Front house will be delivered vacant at close of escrow for flexible owner‑occupant use; Three rear units are tenant occupied, providing immediate rental income
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