$990,000

122 E Spruce, Inglewood, CA 90301

  • 10 beds
  • 2,090 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $474/sqft
  • Property List Date Icon Listed 12 days ago

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 (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..

Listing Status:
Active
Date Added:
January 26, 2026
Data Last Updated:
February 7, 2026 at 10:06PM
Listing Office:
Beach City Brokers : 310-543-3536
Listing Agent:
John Skulick : 310-350-4240
MLS ID:
CRSB26017488
  • Laundry: Common Area
  • A/C: No Air Conditioning
  • General: Front YardGarden
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: R34021032035
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of John Skulick , Beach City Brokers

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beulah Payne Elementary School

215 W 94th St, Inglewood, CA, 90301

Grades KG-6

0.34 miles away

C

Crozier Elementary School

1210 W Regent St, Inglewood, CA, 90301

Grades 7-8

0.62 miles away

I

Inglewood High School

231 S Grevillea Ave, Inglewood, CA, 90301

Grades 9-12

0.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.