809 Flora Dr

Unique Investment Opportunity in North West Inglewood

This meticulously maintained 9-unit apartment building offers a significant upside with 36% rental income growth and additional ADU potential under California’s SB 1211.

ADU Potential via SB 1211

Convert 2 tuck-under parking spaces and add 2 detached ADUs

Approx. Construction cost: $250,000 per 450 SF ADU

Yield on Total Cost: 7.27% with pro forma NOI

The Opportunity:

First time on the market in one of the most dynamic and rapidly growing neighborhoods in Los Angeles County. Conveniently located near Prominent employment hubs, entertainment venues, and major development projects. North West Inglewood is seeing unprecedented growth with infrastructure improvements and investments flowing into the region. Surrounded by amenities, proximity to employment opportunities, and world-class venues. A great opportunity for a savvy long term investor to maximize income potential with a Pro forma cap rate of 10.59%