Millman Team Real Estate

$1,699,800
0.22 Acre Lot

532 S Flower Street, Inglewood, California 90301

  • Residential Income Property Type
  • Driveway Cars Garage
  • 1928 Year Built
Property Description

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. The property features a front house that will be delivered vacant at the close of escrow, creating exceptional flexibility for an owner occupant, investor, short term rental operator, or tenant seeking market rent. The three rear units are tenant occupied, 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 early 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, a vacant owner’s unit, 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.

Basic Details
Residential Income
For Sale
OC26117008
$1,699,800
Neighborhood
1928
0.22 Acre
Active
Quadruplex
: Asphalt
Features
: None
: Forced Air
: Central Air
: None
: Driveway, Garage
: Laminate
: Inside
: Public Sewer
: Double Pane Windows
$0
Address Map
CA
Los Angeles
Inglewood
90301
Flower
532
Street
W119° 39' 12.4''
N33° 57' 26.3''
South of Manchester Blvd and West of S Prairie Avenue
101 - North Inglewood
S
Additional Information
$0
$0
$0
$0
$0
4424
: Sidewalks, Street Lights
1
4.0
: Two
: Rectangular Lot, Level
4
2026-06-02
2
1
: Public
Broker/Agent Information
RE/MAX TerraSol
Gene Smith
Listing Information
Chloe Cosnier
OCCOSNCHL
H03499
RE/MAX TerraSol
OCSMITGEN
H03499
Cash, Conventional, FHA
Active
2026-06-04T20:46:15Z
CRMLS
: Standard
2026-06-03T08:05:55Z
Agent info
Ray Millman
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