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Redevelopment Multifamily Opportunity

521 S Flower St Inglewood, CA 90301

521 S Flower St, Inglewood, CA, 90301
$1,065,000
For Sale
Claim this Listing
$1,065,000

Plans call for a 12-unit three-story apartment building with parking, plus interim income from an existing four-unit structure.

Property Size11,366 SF
Price / SF$93.70
AddedMay 5
Days on Market72
Last RefreshJul 15 at 3:40 pm

Property Features for 521 S Flower St

General Information

Standard status
Active
Size
11,366 SF
Property subtype
Lots/Land

Listing office Lyon Stahl Investment Real Estate, Inc.

Listing date May 5, 2026

Source Exitrealty

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 Lyon Stahl Investment Real Estate, Inc.


Investment Insights

Based on property information with market context.

The site at 521 S Flower St is being offered as a 12-unit redevelopment opportunity. The current plans call for a three-story, 11,366 SF new construction apartment building with a unit mix that includes two studios, two one-bedroom units, one two-bedroom one-bath unit, two three-bedroom one-bath units, and five three-bedroom two-bath units. The design also includes one unit designated for low income. Twelve parking spots are included on the ground floor. A four-unit building already exists on the property, allowing the developer to continue collecting cash flow prior to construction.

The project is located in the City of Inglewood. The development site has received planning approval and is expected to be ready to issue permits in approximately 2–3 months. The site is located about three blocks from SoFi Stadium.

For tenants, buyers, and developers, this configuration supports a ground-floor parking plan and a diversified mix of studio through three-bedroom residences, including an affordability component. With permits anticipated in the near term and existing income-generating units on site, the property is positioned for a straightforward redevelopment timeline under the approved plan set.

Key Highlights

  • Planning‑approved redevelopment at 521 S Flower Street for a 12‑unit, three‑story, 11,366 SF apartment building
  • Ready to issue permits in approximately 2‑3 months, per City of Inglewood planning approval
  • Interim cash flow: existing 4‑unit building on‑site to generate income prior to construction

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

FAQs

What type of property is this?
Apartment building - Plans call for a 12-unit three-story apartment building with parking, plus interim income from an existing four-unit structure.
Where is this apartment building located?
The property is located at 521 S Flower St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Planning‑approved redevelopment at 521 S Flower Street for a 12‑unit, three‑story, 11,366 SF apartment building; Ready to issue permits in approximately 2‑3 months, per City of Inglewood planning approval; Interim cash flow: existing 4‑unit building on‑site to generate income prior to construction
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