A
Seller's Agent in 2025
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
1 in this area
17 Total Sales
809 Flora Dr Inglewood, CA 90302
North Inglewood Neighborhood
12
Beds
11
Baths
7,199
Sq Ft
11,513
Sq Ft Lot
Highlights
- In Ground Pool
- Laundry Room
- Wall Furnace
About This Home
As of April 2025*Price Reduction Motivated Seller *Rare chance to acquire a meticulously maintained 9-unit complex, offered for the first time in nearly 30 years. Located just blocks from Ladera Heights and steps from Amazon Fresh, Chipotle, and Starbucks, this pride-of-ownership property presents significant upside potential.
Amenities include an on-site laundry facility, nine parking spaces, and a common-area pool. Eight of the nine units have been renovated between 2009 and 2021, yet current rents remain approximately 35% below market despite increases in September 2024.
Recent Upgrades (2013–2022):
- Pool and deck resurfacing, drainage to code
- Roof replacement (2014/2019)
- New handrails, entry gate, and LED carport lighting
- Walkway resurfacing, concrete leveling, and exterior paint
- SB721 compliant: owner has completed the required inspections of balconies, decks, and elevated walk ways.
Additional Value-Add Potential:
Under CA State Bill SB1211, the property qualifies for the addition of (4) 450 sq. ft. 1BD/1BA ADUs, boosting cash-on-cash returns to 8.44% at pro forma rents. Beginning January 2025, rental increase limits will align with California’s 5% + CPI cap, providing a pathway to market rents faster.
Last Agent to Sell the Property
eXp Realty of Greater L.A Brokerage Phone: 925-683-9203 License #01946829 Listed on: 12/11/2024
Last Buyer's Agent
eXp Realty of Greater L.A Brokerage Phone: 925-683-9203 License #01946829 Listed on: 12/11/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 0.26 Acre Lot
- No Common Walls
Home Design
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 7,199 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 11 Bathrooms
Parking
- 9 Parking Spaces
- 9 Carport Spaces
- Parking Available
Outdoor Features
- In Ground Pool
- Exterior Lighting
Location
- Urban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 13
- Tax Tract Number 18340
- Assessor Parcel Number 4017020013
- $2,763 per year additional tax assessments
Community Details
Building Details
- 9 Leased Units
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $7,200
- Maintenance Expense $6,750
- Other Expense $10,600
- Pest Control $720
- Pool Expense $2,065
- Professional Management Expense $8,317
- Supplies Expense $3,150
- New Taxes Expense $29,647
- Operating Expense $69,649
- Gross Income $172,680
- Net Operating Income $97,887
Additional Features
- 9 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | Sold | $2,050,000 | -4.7% | $285 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | Price Changed | $2,150,000 | -2.1% | $299 / Sq Ft |
| 12/11/2024 12/11/24 | For Sale | $2,195,000 | -- | $305 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $12,108 | $764,835 | $292,329 | $472,506 |
| 2024 | $12,108 | $749,840 | $286,598 | $463,242 |
| 2023 | $11,989 | $735,138 | $280,979 | $454,159 |
| 2022 | $12,159 | $720,724 | $275,470 | $445,254 |
| 2021 | $12,053 | $706,593 | $270,069 | $436,524 |
| 2019 | $11,427 | $688,336 | $262,059 | $426,277 |
| 2018 | $11,226 | $674,893 | $256,921 | $417,972 |
| 2016 | $10,545 | $646,094 | $246,946 | $399,148 |
| 2015 | $10,448 | $636,390 | $243,237 | $393,153 |
| 2014 | $10,469 | $623,925 | $238,473 | $385,452 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew McAllister
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24247822
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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