Five-Unit Residential Income
718 S Flower Street Inglewood, CA 90301
718 S Flower Street, Inglewood, CA, 90301
$1,649,000
For Sale
$1,649,000
Five-unit rental property with one 3BR/2BA residence and four 1BR/1BA units near major entertainment venues.
Property Size4,200 SF
Price / SF$392.62
Days on Market86
Property Features for 718 S Flower Street
General Information
- Standard status
- Active
- Size
- 4,200 SF
Listing agency
Real Broker
(310) 357-4851
Listed by
Sylvia Monares
(310) 357-4851
Source
Exprealty
Added: Apr 27 Updated: Jul 20 at 10:51PM Checked: Jul 20 at 10:51PM
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 Real Broker
Investment Insights
Based on property information with market context.
This five-unit residential income property includes a spacious 3-bedroom, 2-bath main residence plus four additional 1-bedroom, 1-bath units. The combined living space is reported as over 4,200 square feet, and the layout is designed to provide separate, private living environments across the unit mix.
The property is located within close proximity to SoFi Stadium and the Kia Forum, supporting consistent local rental demand associated with year-round events and entertainment. Easy access to the 405 freeway provides convenient connectivity throughout Los Angeles for residents and long-term investors.
The property is located within close proximity to SoFi Stadium and the Kia Forum, supporting consistent local rental demand associated with year-round events and entertainment. Easy access to the 405 freeway provides convenient connectivity throughout Los Angeles for residents and long-term investors.
Key Highlights
- Five‑unit rental property: one 3BR/2BA main residence plus four 1BR/1BA units
- Unit mix supports flexibility—choose full leasing or occupy the main home while renting the four additional units
- Total living space of over 4,200 sq ft across all units
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.3k | $22.68 |
| − Vacancy | −$667 | −$0.16 |
| EGI | $94.6k | $22.52 |
| − OpEx | −$42.6k | −$10.13 |
| NOI | $52.0k | $12.39 |
4,200 SF · lease $22.68/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$743.2K
$650.3K – $867.1K
NOI $52,024 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,952 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit rental property with one 3BR/2BA residence and four 1BR/1BA units near major entertainment venues.
Where is this apartment building located?
The property is located at 718 S Flower Street Inglewood, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Five‑unit rental property: one 3BR/2BA main residence plus four 1BR/1BA units; Unit mix supports flexibility—choose full leasing or occupy the main home while renting the four additional units; Total living space of over 4,200 sq ft across all units
