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ListDeed

Value-Add Single Family — Inglewood, CA | $510,000

230 E Spruce St, Inglewood, CA · Listed Jan 2025

The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths7 / 3.5
Living area3,215 sqft
Lot0.35 acres
Year built1978

About this deal

Value-add single-family home located at 230 E SPRUCE ST, Inglewood, CA — 1,936 sq ft built in 1936. Listed at $510,000. Needs light updates to maximise market value. Seller is motivated; cash or hard money preferred with a 30-day close.

The numbers

Cap rate
8.8%
Net operating income
$31,356/yr
Cash flow
+$2,613/mo
Occupancy
3 of 4 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.