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Property 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.

Features
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2
: Inside, In Kitchen, In Closet, In Carport
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: Curbs
Additional Information
Beach City Brokers
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SSKULJOH
S6107
John
4021032035
: Standard
4
35

Multi-Family For Sale

122 Spruce Avenue, Inglewood, California 90301

2,600 Sqft
$999,000
Listing ID #SB24138088
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB24138088
Price : $999,000
Living Area : 2,600 Sqft
Lot Size : 9,627 Sqft
Year Built : 1910
Country : US
State : California
County : Los Angeles
City : Inglewood
Zipcode : 90301
Price Per Square Foot : $384
ModificationTimestamp : 2024-07-12 16:58:43
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