809 Flora Dr

809 Flora Dr, Inglewood, CA 90302

Unique value add opportunity to purchase an incredibly well-maintained asset with true upside potential being offered for sale for the f irst time in nearly 30 years! Pride of ownership nine-unit complex located in Northwest Inglewood only blocks f rom Ladera Heights and walking distance to Amazon Fresh, Chipotle and Starbucks. Property is comprised of (1) 3BD/2.5BA, (1) 2BD/1BA, (7) 1BD/1BA units, an on-site laundry facility, nine on-site parking spaces and a common area pool for tenants to enjoy.  

Current ownership has meticulously maintained the property over the years renovating eight out of nine units between 2009 and 2021 as they turned over, but rents remain approximately 40% below market even after the most recent rent increases in 2022. Some exterior improvements f rom 2013 – 2022 include pool resurfacing, pool drainage to code, pool deck resurfacing, roof replacement in 2014/19, new handrails & entry gate, common washer/dryer replacement, deck/walkway resurfacing, concrete leveling, LED lighting in the carport area and new exterior paint.

In January 2025, the city’s rental increase limits will be aligned with the State of CA at 5% plus CPI, allowing a new owner the ability to bring rents up to market more quickly 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Drew McAllister

NRE Commercial | CRE Advisors

(925) 683-9203

broker

Jarred Wilkins

(562) 528-8119

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Inglewood, CA
  • Neighborhood Westchester
  • Zip Code 90302
  • Market Los Angeles

Points of Interest

  • Hawthorne/Lennox

    2.89 miles

  • Aviation/LAX

    2.93 miles

  • Mariposa

    3.47 miles

  • La Cienega/Jefferson

    3.78 miles

  • Expo/La Brea

    3.80 miles

  • Farmdale

    3.91 miles

  • El Segundo

    3.93 miles

  • Culver City

    4.00 miles

  • Expo/Crenshaw

    4.12 miles

  • Crenshaw

    4.15 miles

  • Chevron

    0.35 miles

  • Mobil

    0.41 miles

  • Mobil

    0.60 miles

  • 76

    0.72 miles

  • Shell

    0.73 miles

  • Arco

    0.86 miles

  • 76

    0.87 miles

  • Chevron

    0.92 miles

  • Chevron

    1.28 miles

  • Mobil

    1.33 miles

  • LAX Employee Parking Lot East

    1.45 miles

  • LAX Employee Parking Lot West

    1.61 miles

  • Wally Park

    1.68 miles

  • Four Points

    1.78 miles

  • LAX Economy Parking

    1.80 miles

  • The Parking Spot

    1.81 miles

  • Parking Spot Sepulveda

    1.89 miles

  • LAX Employee Parking Lot South

    1.90 miles

  • Prairie Lot / The Forum

    1.91 miles

  • Visitor Parking

    1.97 miles

  • guest home2

    0.84 miles

  • Holiday Inn Express

    1.13 miles

  • Courtyard by Marriott

    1.35 miles

  • Extended Stay America

    1.43 miles

  • Four Points

    1.45 miles

  • Super 8

    1.56 miles

  • Hilton Los Angeles Culver City

    1.57 miles

  • Renaissance Hotel

    1.72 miles

  • home

    1.74 miles

  • Holiday Inn Los Angeles - LAX Airport, an IHG Hotel

    1.77 miles

  • McDonald's

    0.27 miles

  • Wendy's

    0.34 miles

  • Burger King

    0.37 miles

  • El Pollo Loco

    0.37 miles

  • KFC

    0.37 miles

  • Jamba Juice

    0.40 miles

  • TGI Friday's

    0.43 miles

  • Buggy Whip

    0.44 miles

  • Pann's Coffee Shop

    0.45 miles

  • The Serving Spoon

    0.60 miles

  • Saint Jerome School

    0.40 miles

  • Open Magnet Charter School

    0.43 miles

  • Highland Elementary School

    0.58 miles

  • La Tijera Elementary School

    0.67 miles

  • Frank D Parent Elementary School

    0.77 miles

  • LAPD Ahmanson Recruit Training Center

    0.81 miles

  • Westport Heights Elementary School

    0.97 miles

  • Pacific Montessori School

    1.02 miles

  • Claude Hudnall Elementary School

    1.02 miles

  • George W Crozier Middle School

    1.07 miles

  • Home Sweet Home Preschool

    2.65 miles

  • Little People Big Dreams

    3.26 miles

  • Branches Atelier

    3.29 miles

  • Culver City Montessori

    3.35 miles

  • Village Tree Preschool

    3.35 miles

  • A-List Montessori Preschool

    3.61 miles

  • Happyland Preschool

    3.66 miles

  • Vernon Adult Day Program

    3.87 miles

  • Tree House School

    3.94 miles

  • California Wiz Kids

    3.94 miles

Frequently Asked Questions

What is the lease rate for 809 Flora Dr?

Rental asking rate at 809 Flora Dr is $1,162,500.00/YR.

What is the total square footage of 809 Flora Dr?

809 Flora Dr totals 7,199 square feet.

When was this property built?

809 Flora Dr was built in 1954.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact 809 Flora Dr