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122 E SpruceInglewood, CA 90301

For Sale

$990,000

Smart Buyer Rebate $9,900

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..

Listed by John Skulick

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License #00946399

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Beach City Brokers

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310-350-4240

Last updated January 27, 2026

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Source: CRMLS #SB26017488

Listing Facts

  • TypeMulti-family
  • NeighborhoodArbor Park
  • Days on Prevu5

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/26/2026
Listed by Beach City Brokers
$990,000

Property Details for 122 E Spruce

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories Total: 1
  • Year Built: 1910
  • Common Walls: End Unit,No Common Walls
  • Entry Level: 1
  • Entry Location: main

Measurements

  • Building Area Total: 2,600
  • Building Area Units: Square Feet
  • Lot Features: Front Yard, Garden
  • Lot Size Acres: 0.22
  • Lot Size Area: 9,627
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9,627
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 8.0
  • Gross Income: $789,961.00

Taxes

  • Parcel Number: 4021032035

Other

Location

  • Tax Lot: 20

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Total: 4

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 122 E Spruce.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 122 E Spruce.

How does 122 E Spruce compare to other multi-family homes in Arbor Park?

This multi-family home is listed 19% below the average price for multi-family homes in Arbor Park and has been on the market for 99 less days than the typical home in this area.

122 E Spruce is a -bedroom multi-family home for sale in Inglewood CA 90301. On Prevu for 5 days at $990,000. This property is located in Arbor Park. The median listing price for multi-family homes in this area is $950,000. Additional amenities include parking. View other multi-family home listings in Inglewood.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.