122 E Spruce Avenue, Inglewood, CA 90301

  • $999,000
  • $384
122 E Spruce Avenue, Inglewood, CA 90301
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1910
  • Year Built
For Sale
122 E Spruce Avenue, Inglewood, CA 90301
  • $999,000
  • $384

Overview

Property ID: SGR-33627292
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1910
  • Year Built

Description

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 (90301 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! 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.

  • Address 122 E Spruce Avenue
  • City Inglewood
  • State/county CA
  • Zip/Postal Code 90301
  • Area 102 - South Inglewood
  • Country United States

Details

Updated on August 27, 2024 at 11:42 am
  • Property ID: SGR-33627292
  • Price: $999,000
  • Land Area: 9627.00 m²
  • Garages: 4.00
  • Year Built: 1910
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 2600.00
  • MLS#: SB24138088
  • Office Name: BEACH CITY BROKERS
  • Agent Name: John Skulick
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Beach City Brokers
  • Co-Agent Name: Eugene Skulick
  • Agent State License: 00946399
  • Co-Agent State License: 02069695
  • IDX Contact Info: 310-350-4240

Additional details

  • Sewer: Unknown
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 4.00
  • Water Source: Public

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