E Spruce Ave, Inglewood, Home For Sale

house for sale

Listed: 07/15/24

122 E Spruce Ave, Inglewood, California, 90301

40 Bed:

2,600 Sq Ft Living Area:

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Price

$ 999,000

About This House

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 CAPrate 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.

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Houses for sale in Inglewood

Original listing

Inglewood Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jul 2024	$944,367 (-3%)
Jun 2024	$973,746 (+11.6%)
May 2024	$872,453 (-12.9%)
Apr 2024	$1,001,841 (0%)
Mar 2024	$1,001,841 (0%)
Feb 2024	$1,001,841 (0%)

In July 2024, the asking price for 3 bed houses for sale in/near Inglewood, United States averaged $944,367, a decrease of 3% from the previous month.

Median price trends for properties for sale in Inglewood, United States as of July 2024.

Household Income

Median household income: $46,389

Number of households: 36,481

The average household income in Inglewood, CA grew from $44,377 to $46,389 in the past year. This data is an estimate based upon 36,481 households in Inglewood, CA.
The chart below presents how household income is distributed in Inglewood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Inglewood, CA compared to median property taxes around the country. The prevalent amount of property taxes in Inglewood, CA equals $3k+ , which is more than the national average.

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