122 E Spruce

Inglewood, CA 90301
  • $990,000

    Price
  • 12

    Bed
  • 5

    Bath
  • 2,090

    SqFt

About the Listing S6107 - SSKULJOH

Opportunity comes knocking...This is a multi- unit property with 4 separate dwellings including 4 car detached garage. Street to alley access. This property will attract the flipper, investor (8 CAP rate at current rents creates value north of $1M, keep increasing the rent annually at the City's maximum amount until at market rates to create annual property value increase; or completely re-develop, like other neighbors have, into an 8-10 unit complex! Fantastic financial opportunity.Zoned R4, check with the City of Inglewood for future development opportunities. Located in the highly desirable section of N. Inglewood, close to So-Fi stadium. Property being sold in its present condition; seller will make NO repairs and NO termite clearance. Offers must include pre-approval and verification of cash to close. Seller to choose all services. Buyers to cooperate with seller 1031 exchange..

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® SB26017488
Year Built 1910
Total Square Footage 2,090
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 12
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Garden,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Zoning: R4
  • Roof: Composition
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4021032035
  • Tax Year: N/A

Payment Calculator

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Questions About..

122 E Spruce Inglewood, CA 90301

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Originating MLS: CRMLS

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