122 E Spruce Avenue, Inglewood, CA 90301
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Listed Price :
$999,000
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Beds :
N/A
-
Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1910
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.
Interior Features
Laundry Information |
Location(s) |
Inside, Laundry Closet, In Kitchen, In Carport |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
122 E Spruce Avenue |
City |
Inglewood |
State |
CA |
Zip |
90301 |
County |
Los Angeles |
Listing Agent |
John Skulick DRE #00946399 |
Co-Listing Agent |
Eugene Skulick DRE #02069695 |
Courtesy Of |
Beach City Brokers |
List Price |
$999,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
9,627 |
Year Built |
1910 |
Listing information courtesy of: John Skulick, Eugene Skulick, Beach City Brokers. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 5:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.