122 Spruce, Inglewood, CA 90301

Inglewood
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
122 Spruce,Inglewood, CA 90301
$990,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john skulick
Office: beach city brokers
MLS#:SB26017488
Source:CAREIL

Price summary

  • Price:$990,000

About this home

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 7-8 unit complex! Fantastic financial opportunity.Zoned R3, 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..

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Home facts

  • Year built:1910
  • Listing ID #:SB26017488
  • Added:54 day(s) ago
  • Updated:February 23, 2026 at 07:01 PM

Structure and exterior

  • Roof:Composition
  • Year built:1910
  • Lot area:0.22 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$990,000

Features and amenities

  • Laundry features:Community Facility
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