122 E Spruce Inglewood, CA $ 990,000
122 E Spruce
$ 990,000
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122 E Spruce

Inglewood, CA, 90301
$ 990,000
Baths1.0 Sq 2,600

Monthly Estimate*

$ 6,096

Listed by Beach City Brokers
122 E Spruce, Inglewood, CA 90301 - Image 1
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Studio

Multi-Family Home for sale in Inglewood, CA

for $990,000 with 1 full bath. This 2,600 square foot home was built in 1910 on a lot size of 0.221.

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..

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Multi-Family Active

Price

$ 990,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.221

Year Built

1910

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB26017488

Days on Market

2

Features
General
Sewer Public Sewer
Cooling None
Roof Composition
Zoning R4
Garage Spaces 4
Pool Features None
Year Built 1910
Property Subtype Quadruplex
Gross Income 789961
Community Features Curbs
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 3500
New Construction false
Property Type Residential Income
MaintenanceExpense 2300
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of Arbor Vitae east of Grevillea and West of La Btra
City Inglewood
Entry Location main
Senior Community Y/N false
Number Of Units Total 4
MLS Area 101 - North Inglewood
Lot Size Units Square Feet
Lot Size Square Feet 9627
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 1800
Water Sewer Expense 2000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Property Sub Type Additional Quadruplex
Cap Rate 8
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Interior
Total Stories 1
Common Walls End Unit No Common Walls
Air Conditioning Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Front Yard Garden
Water Source Public
Total Parking 4
Lot Size Area 9627
Number of Buildings 4
Building Area Total 2600
Lot Size Acres 0.221
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Beach City Brokers

Broker

teamskulick@gmail.com

Email

Affordability Calculator

$6,096
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Monthly Principal & Interest
$6,096
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2026$990,000 Listed Price

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122 E Spruce, Inglewood, CA, 90301 is a Multi-Family Home for sale at $990,000 with 2,600 sqft and a lot size of 0.221. 122 E Spruce is a studio with 1.0 baths and was built in 1910. The property's zip code is 90301 which is in Inglewood, CA