122 E Spruce Avenue,
Home For Sale
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.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 90301
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- MLS® #:
- SB24138088
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- Bedrooms:
- 8
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- Lot Size:
- 0.22
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- Neighborhood:
- INGLEWOOD (90301)
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Listing information last updated on August 15th, 2024 at 10:32am PDT.