805 S Flower St
Inglewood, CA 90301
Contact For Estimate

805 S Flower St
Inglewood, CA 90301

  • 7,545 sqft
  • 9,624 sqft lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
805 S Flower St
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Los Angeles county.

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  • 87% of residents commute by car.

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  • 132 Restaurants

    16 Grocery stores

    17 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 1955
  • 9,624 sqft lot size
  • 7,545 sqft
Description

This property is no longer available to rent or buy. This description is from January 10, 2016
This 10 unit building is located in the City of Inglewood and is NOT subject to rent control. It boasts and excellent unit mix of 1's, 2's and 3's and recently received the LAX retrofit program which includes new doors, windows, updated electric and central HVAC. The total value of that work is estimated to be around $300K per the LAX Commission. This property is located blocks from the Hollywood Park Redevelopment project and the proposed site of the new NFL stadium. Rents in the area have increased rapidly in the past few years and a new owner will need to bring all units to market. While the building has been professionally managed for the past 6 years and many tenants have been there for 4 years or more the rents are over 20% below market meaning a new owner can achieve an estimated 5.9% CAP and 11.0X GRM once all units are updated and rents raised to market.EMAIL FOR A COMPLETE SETUP WITH RENT ROLL, EXPENSES, ETC.

Price History
Date
Price
Event

12/29/2009
$1,115,000
Sold
Recording Date
12/29/2009
Contract Date
11/04/2009
Sale Price
$1,115,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$1,227
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$18,120.81
Assessments
$1,240,117
Land
$684,010
Improvements
$556,107
Total
$1,240,117
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90301
$430,780
61% below sold price
Median Sale Price for 90301
$429,500
61% below sold price
Average Sale price/sqft for 90301
$387/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.22
Multi-Family
$600,000
11/01/17
4
3
2,330
4.59
Multi-Family
$369,000
11/01/17
4
2
1,627
3.72
Multi-Family
$500,000
11/09/17
4
3
2,442
3.89
Multi-Family
$577,500
11/09/17
4
2
1,599
3.91
Multi-Family
$400,000
11/14/17
3
2
1,887
4.66
Multi-Family
$337,000
11/03/17
3
2
1,208
3.04
Multi-Family
$418,000
10/27/17
3
2
1,458
4.77
Multi-Family
$645,000
11/01/17
4
2
1,575
2.69
Multi-Family
$530,000
10/31/17
4
2
2,109
4.04
Multi-Family
$570,000
10/25/17
8
4
2,148

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