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4,424 sqft

$1,599,800

532 S Flower Street, Inglewood CA, 90301

Price per sqft$361.62
Built in1928
Property size4,424 sqft
Property typeMulti-family

Overview

Active

Listed Aug 12, 2026

Updated 3 days ago

Come and get it! Fully leased and professionally managed quadruplex with strong income at an impressive 12.78 GRM. Great opportunity to own an extensively improved 4 unit property situated on a spacious 9,627 square foot R3 zoned lot, just moments from SoFi Stadium, the Kia Forum, Hollywood Park, and the ongoing redevelopment transforming Inglewood. All four units are tenant occupied at market rates, providing immediate and stable rental income from day one. This turn key asset has benefited from thoughtful upgrades and improvements and is professionally managed and operated. Recent enhancements 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 property has also been approved for additional improvements through the Residential Sound Insulation Program (RSIP). Scheduled for installation in 2027, and transferable to the next owner, these improvements include upgraded HVAC systems, new interior and exterior doors, and dual and triple pane windows, representing a substantial future benefit at no cost to the buyer. The property also offers four attached single car garages, creating valuable parking and storage options. Buyers may wish to explore the potential for future ADU conversion, subject to city requirements and approvals, adding another layer of long term upside. With strong in place income, significant recent capital improvements, development friendly R3 zoning, and a premier location in one of Southern California's most dynamic growth corridors, this property presents an exceptional combination of current cash flow and future appreciation potential. This one is a slam dunk and truly does not disappoint.

$10,644/mo

Est. mortgage payment based on a $1,599,800 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26117008

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Garage
Yes
View
Yes
55+/Senior Community
No

Also listed on CLAW

Listed by Gene Smith, RE/MAX TerraSol, CA DRE 01965474

Listing Contact: 949-395-7552 

Based on information from the CRISNet MLS as of 10/7/2026, 6:33 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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