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..
MLS #
CRSB26017488
MLS Source
California Regional MLS
Days on Site
6
Laundry
Community Facility
Cooling
None
Roof
Composition
Pool
None
Garage/Parking
Garage: 4 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 4 |
122 E Spruce is a Residential Income in Inglewood, CA 90301. This – square foot property sits on a 9,627 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $990,000 and was built in 1910. This address can also be written as 122 E Spruce, Inglewood, CA 90301.
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact John Skulick