Inglewood, CA 90301,829 S Flower ST
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Patrick Raymond

Patrick Raymond

Raymond Team | Modern Broker

+1(805) 202-4272
$ 1,995,000
Est. payment | /mo

8,768 Sqft Lot


Save
$ 1,995,000
Est. payment | /mo
Save

8,768 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25113557

HOA Y/N No

Year Built 1960

Lot Size 8,768 Sqft

Property Sub-Type Apartment

Property Description

8 Prime units North Inglewood - On the Market for the 1st time in over 40 years! This asset is a Gem that shouldn't be overlooked. Owned by a former management company/operator that specialized in the city of Inglewood for 40+ years (recently retired). This asset is situated 3 short blocks to the new Sofi & Intuit Stadiums, Hollywood Park Casino, LA Forum, Centinela Hospital, and within a few miles to LAX, SpaceX, California Beaches, + all major freeways (105, 405, 90).
Consisting of an outstanding unit mix of Seven: 2 Bedrooms One Bath units and One: (Giant) 3 Bedroom 3 Bath unit, this superior unit mix promotes a very stable tenancy base with 50% of the residents residing on site for over 10 years+ and only 1 vacancy in the last 5 years!
The city of Inglewood has its own Rent Registry Department that is deemed by many investors as fair to landlords. Rents that are below predetermined Market Rents can be increased 8.8% annually - see the City of Inglewood Rent Registry Site for more information.
Upgrades: New Electrical Panels and Subpanels for all units! Roof is Approx 10 yrs old.
Notable Amenities: Private Patio on 3 Bedroom unit, 2 units with outdoor patios/decks, Covered Parking for 8 Cars, MTM Laundry Agreement (upside).
Upside: This asset is scheduled to received significant FAA Noise Abatement Upgrades in the near future (date to be determined)

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3

Interior

Fireplace No

Laundry Common Area, In Carport

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Front Yard, Garden, Landscaped, Rocks

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4024005009

Energy Description 2100.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by David Holstein The Holstein Group 310-345-9994

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Patrick Raymond

Agent | License ID: 01480728

+1(805) 202-4272 | patrick@patrickraymond.com

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