809 Flora Dr - Apartments FOR SALE
Inglewood, CA 90302 |
809 Flora Dr
Inglewood, CA 90302
HIGHLIGHTS
- Take Advantage of CA SB1211 and Build at Least (4) new ADU's
- Cap Rate All Rents at Market - 6.95% (Without ADU's)
- 11.06% Pro Forma Cap Rate & 6.51 GRM (Assumes Stabilized Market Rents & four ADUs)
- Value add opportunity. Approximately 35% in Organic Rental Upside
- Pride of ownership: Meticulously maintained by current ownership (see OM for details)
- (9) On-Site Covered Parking Spaces, Remodeled Pool, New Pergola Sitting Area, On-Site Laundry
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
34% Upside & Potential to Build 4+ ADUs
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7199
STORIES
2
YEAR BUILT
1954
PARKING SPACES
9
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
4017-020-013
