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Redevelopment Multifamily Opportunity
For Sale
$1,065,000

521 S Flower, Inglewood, CA 90301

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
Days on Market189

Property Features for 521 S Flower

General Information

Standard status Active
Size 11,366 SF
Total Parking Spaces 12
Property subtype Unimproved Land

Additional Details

Multifamily Units 12

Amenities

Electricity Connected, Sewer Connected, Water Connected

Building Details

Stories 3
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Nico Rosmarin · License #02023847
Source: Kw
Added: Feb 24 Changed: Aug 31 Last Checked: Aug 31 at 12:29AM

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

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Travel Agency Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Locksmith Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,670
Businesses Nearby

Demographics for 90301, CA

36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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 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
More about this property
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