532 S Flower St Inglewood, CA 90301
Inglewood AreaEstimated payment $10,454/month
Highlights
- No HOA
- Double Pane Windows
- Turnkey
- Neighborhood Views
- 4 Car Garage
- Rectangular Lot
About This Home
Come and get it! Fully leased and professionally managed quadruplex with strong income at an impressive 12.78 GRM. 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. All four units are tenant occupied at market rates, 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, 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.
Listing Agent
RE/MAX TerraSol Brokerage Phone: 949-395-7552 License #01965474 Listed on: 06/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 9,615 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Asphalt Roof
Interior Spaces
- 4,424 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Laminate Flooring
- Neighborhood Views
- Laundry in unit
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 16 / 340
- Tax Tract Number 601002
- Assessor Parcel Number 4021037028
- $1,502 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,000
- Trash Expense $2,700
- Water Sewer Expense $6,100
- Operating Expense $19,900
- Gross Income $125,160
- Net Operating Income $105,260
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $19,525 | $1,435,303 | $1,104,080 | $331,223 |
| 2025 | $19,525 | $1,407,161 | $1,082,432 | $324,729 |
| 2024 | $18,217 | $1,379,570 | $1,061,208 | $318,362 |
| 2023 | $18,025 | $1,352,520 | $1,040,400 | $312,120 |
| 2022 | $18,371 | $1,326,000 | $1,020,000 | $306,000 |
| 2021 | $9,727 | $656,746 | $459,724 | $197,022 |
| 2020 | $9,309 | $650,013 | $455,011 | $195,002 |
| 2019 | $9,159 | $637,269 | $446,090 | $191,179 |
| 2018 | $9,061 | $624,775 | $437,344 | $187,431 |
| 2016 | $8,512 | $600,515 | $420,362 | $180,153 |
| 2015 | $8,435 | $591,495 | $414,048 | $177,447 |
| 2014 | $8,436 | $579,910 | $405,938 | $173,972 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/12/2026 08/12/26 | Price Changed | $1,599,800 | -3.0% | $362 / Sq Ft | |
| 08/12/2026 08/12/26 | Price Changed | $1,649,800 | 0.0% | $373 / Sq Ft | |
| 08/12/2026 08/12/26 | For Sale | $1,649,800 | +3.1% | $373 / Sq Ft | |
| 08/04/2026 08/04/26 | Off Market | $1,599,800 | -- | -- | |
| 08/03/2026 08/03/26 | For Sale | $1,599,800 | 0.0% | $362 / Sq Ft | |
| 08/03/2026 08/03/26 | Off Market | $1,599,800 | -- | -- | |
| 07/23/2026 07/23/26 | Price Changed | $1,599,800 | -3.0% | $362 / Sq Ft | |
| 06/15/2026 06/15/26 | Price Changed | $1,649,800 | -2.9% | $373 / Sq Ft | |
| 06/03/2026 06/03/26 | For Sale | $1,699,800 | 0.0% | $384 / Sq Ft | |
| 06/02/2026 06/02/26 | Off Market | $1,699,800 | -- | -- | |
| 06/02/2026 06/02/26 | For Sale | $1,699,800 | +30.8% | $384 / Sq Ft | |
| 06/13/2021 06/13/21 | Sold | $1,300,000 | +0.4% | $294 / Sq Ft | View Prior Sale |
| 04/13/2021 04/13/21 | For Sale | $1,295,000 | -- | $293 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | First American Title Company O | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Grant Deed | $500,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Gift Deed | -- | -- | |
| Grant Deed | $307,000 | Fidelity National Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $975,000 | New Conventional | |
| Previous Owner | $657,500 | New Conventional | |
| Previous Owner | $617,500 | New Conventional | |
| Previous Owner | $612,500 | New Conventional | |
| Previous Owner | $27,000 | Credit Line Revolving | |
| Previous Owner | $493,000 | New Conventional | |
| Previous Owner | $475,000 | Unknown | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $280,000 | No Value Available | |
| Previous Owner | $245,600 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26117008
APN: 4021-037-028
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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