1237 Flower StInglewood, CA 90301

Property Details for 1237 Flower St

Year built

1961

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

3,168 SF

Zone code

INC2YY

Property type

Hospitality properties

Property subtype

Motels

APN

4024-039-016

APU

4024039016

Description

This 3,168 square foot commercial property, located at 1237 Flower Street in Inglewood, CA, sits on a 0.09-acre lot (approximately 3,951 square feet). Currently configured as an investment property with twelve individual offices, each featuring a vanity, toilet, and walk-in shower, the property offers significant flexibility. All tenants are on short-term leases, allowing a new owner to quickly implement their vision. Seven gated parking spaces (six standard, one handicap) are available, supplemented by ample street parking. The property's zoning allows for various redevelopment or adaptive reuse options, including potential conversion to a boutique hotel, transitional housing, or medical facility. Its prime location offers easy access to major attractions like SoFi Stadium, Intuit Dome, Hollywood Park Casino, and The Forum, all within walking distance. The property enjoys a quiet, yet convenient location off West Century Boulevard, minutes from the I-405 Freeway, LAX Airport, the K Line (Crenshaw/LAX line), and the upcoming Inglewood Transit Connector. This presents a rare investment opportunity in a rapidly growing area with significant potential for future appreciation, driven by major development projects, excellent transportation access, and versatile zoning. The property's proximity to major transportation hubs and the increasing demand for commercial and residential space in Inglewood make this a compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $918,989

  6.5%

  $848,298

  7%

  $787,705

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,415,703

  Geo Method

  $1,415,703

• Alternative Use

  Use

  Valuation

  Residential

  $926,095

  Hospitality

  $848,298

  Educational

  $705,774

  Medical

  $730,046

  Retail

  $1,097,870

Location Insight

City

Inglewood

County

Los Angeles

State

California

Latitude

33.946

Longitude

-118.347

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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