809 Flora Dr

809 Flora Dr, Inglewood, CA 90302

  • For Sale $2,195,000
  • Property Type Other
  • Units 9
  • Additional Rent Contact for pricing
  • Year Built 1954
  • Date Updated Dec 21, 2024

Unique Investment Opportunity in North West Inglewood

This meticulously maintained 9-unit apartment building offers a significant upside with 36% rental income growth and additional ADU potential under California’s SB 1211.


ADU Potential via SB 1211

Convert 2 tuck-under parking spaces and add 2 detached ADUs

Approx. Construction cost: $250,000 per 450 SF ADU

Yield on Total Cost: 7.27% with pro forma NOI

 

The Opportunity:

First time on the market in one of the most dynamic and rapidly growing neighborhoods in Los Angeles County. Conveniently located near Prominent employment hubs, entertainment venues, and major development projects. North West Inglewood is seeing unprecedented growth with infrastructure improvements and investments flowing into the region. Surrounded by amenities, proximity to employment opportunities, and world-class venues. A great opportunity for a savvy long term investor to maximize income potential with a Pro forma cap rate of 10.59%


Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Drew McAllister

NRE Commercial | CRE Advisors

broker
Jarred Wilkins

NRE Commercial

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable

  • Transit Score ®

    44/100 Some Transit

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Inglewood, CA
  • Neighborhood Westchester
  • Zip Code 90302
  • Market Los Angeles

Points of Interest

  • Westchester/Veterans

    0.69 miles

  • Downtown Inglewood

    1.23 miles

  • CONRAC

    1.52 miles

  • East ITF

    1.55 miles

  • West ITF

    1.82 miles

  • Fairview Heights

    2.08 miles

  • Terminal 9

    2.19 miles

  • Zone 6

    2.25 miles

  • Zone 5

    2.25 miles

  • Zone 21

    2.27 miles

  • Shell

    0.35 miles

  • Mobil

    0.60 miles

  • Arco

    0.86 miles

  • Chevron

    0.92 miles

  • Kwik Serv

    1.25 miles

  • Clean Energy

    1.34 miles

  • United Oil

    1.37 miles

  • Culver City Supercharger

    1.47 miles

  • Volta

    1.74 miles

  • ChargePoint

    3.24 miles

  • LAX Employee Parking Lot East

    1.47 miles

  • LAX Employee Parking Lot West

    1.62 miles

  • Wally Park

    1.68 miles

  • LAX Economy Parking

    1.78 miles

  • Four Points

    1.78 miles

  • The Parking Spot

    1.81 miles

  • LAX TNC Staging Lot

    1.83 miles

  • LAX Employee Parking Lot South

    1.88 miles

  • Parking Spot Sepulveda

    1.89 miles

  • Westside Collector Car Storage

    1.90 miles

  • Days Inn

    0.70 miles

  • Best Western Airpark Hotel-Los Angeles Lax Airport

    0.76 miles

  • guest home2

    0.84 miles

  • Lotus Motel

    0.84 miles

  • Holiday Inn Express

    1.13 miles

  • Courtyard

    1.35 miles

  • Extended Stay America

    1.43 miles

  • Four Points

    1.45 miles

  • Super 8

    1.56 miles

  • Hilton Los Angeles Culver City

    1.57 miles

  • McDonald's

    0.27 miles

  • Wingstop

    0.33 miles

  • Wendy's

    0.34 miles

  • Dunkin'

    0.34 miles

  • Jersey Mike's Subs

    0.35 miles

  • Burger King

    0.37 miles

  • El Pollo Loco

    0.37 miles

  • KFC

    0.37 miles

  • Chick-fil-A

    0.37 miles

  • Taco Bell

    0.38 miles

  • Saint Jerome School

    0.40 miles

  • Open Magnet Charter School

    0.43 miles

  • Highland Elementary School

    0.58 miles

  • La Tijera Elementary School

    0.67 miles

  • Frank D Parent Elementary School

    0.77 miles

  • LAPD Ahmanson Recruit Training Center

    0.81 miles

  • Westport Heights Elementary School

    0.97 miles

  • Pacific Montessori School

    1.02 miles

  • Claude Hudnall Elementary School

    1.02 miles

  • George W Crozier Middle School

    1.07 miles

  • Montessori Academy of Culver City

    1.30 miles

  • A Bright Beginning Inc.

    1.86 miles

  • CCDC of Little Angels Schools

    2.34 miles

  • Home Sweet Home Preschool

    2.65 miles

  • Jim Gilliam Child Care Center

    3.00 miles

  • Little People Big Dreams

    3.26 miles

  • Branches Atelier

    3.29 miles

  • Culver City Montessori

    3.35 miles

  • Village Tree Preschool

    3.35 miles

  • A-List Montessori Preschool

    3.61 miles

Frequently Asked Questions

How much does 809 Flora Dr cost?

The space currently listed for sale at 809 Flora Dr asks for $2,195,000.

What is the total square footage of 809 Flora Dr?

809 Flora Dr totals 7,199 square feet.

When was this property built?

809 Flora Dr was built in 1954.

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