- For Sale $2,325,000
- Property Type Other
- Units 9
- Additional Rent Contact for pricing
- Year Built 1954
- Date Updated Nov 4, 2024
Unique value add opportunity to purchase an incredibly well-maintained asset with true upside potential being offered for sale for the f irst time in nearly 30 years! Pride of ownership nine-unit complex located in Northwest Inglewood only blocks f rom Ladera Heights and walking distance to Amazon Fresh, Chipotle and Starbucks. Property is comprised of (1) 3BD/2.5BA, (1) 2BD/1BA, (7) 1BD/1BA units, an on-site laundry facility, nine on-site parking spaces and a common area pool for tenants to enjoy.
Current ownership has meticulously maintained the property over the years renovating eight out of nine units between 2009 and 2021 as they turned over, but rents remain approximately 40% below market even after the most recent rent increases in 2022. Some exterior improvements f rom 2013 – 2022 include pool resurfacing, pool drainage to code, pool deck resurfacing, roof replacement in 2014/19, new handrails & entry gate, common washer/dryer replacement, deck/walkway resurfacing, concrete leveling, LED lighting in the carport area and new exterior paint.
In January 2025, the city’s rental increase limits will be aligned with the State of CA at 5% plus CPI, allowing a new owner the ability to bring rents up to market more quickly
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
76/100 Very Walkable -
Transit Score ®
44/100 Some Transit -
Bike Score ®
42/100 Somewhat Bikeable
- 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 $2,325,000.
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.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.