115 E Spruce Avenue,  Inglewood CA, 90301 (Residential Income)

1,972 sqft
Status: Sold
MLS#: DW16176918
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Last Updated: 12/4/2016 9:27 AM
Description for 115 E Spruce Avenue Inglewood, CA 90301
Why buy 1 home when you can buy 2 for the same price?? Amazing Duplex with Great income and even better future potential with such large lot. The duplex sits in THE PRIME central part of Inglewood and only 5 minutes from your LA Rams. Front unit has 2 bedrooms/1 bath and is currently tenant occupied. The rear unit has 3 bed/2baths, and will be delivered vacant. Best of all, both units are separately metered for gas & electricity but more importantly Free Standing Homes which provide the privacy & independence similar to 2 independent homes. Both units have their very own spacious yards as well as front & rear entrances. Tail Gaters welcome! This property is walking distance from Rams Stadium & the metro station! A quick drive to LAX, the Forum, beaches, shopping, freeways, and soon to be redeveloped Downtown Inglewood. Many investor options here; collect rent from the existing duplex, hold for a few years until the Metro station opens, or start from fresh & build new 3-6 unit property on the site. Many lots surrounding the property have already been redeveloped as 3-6 unit properties. Don’t miss out on this prime piece of land!! ***Information here in is not verified by agent. Buyer to verify all information and rely on their own findings.***
Price
Sold Price:
$675,000
Sold Date:11/23/2016
Los Angeles
1,972 (approx)
DW16176918
Closed
Description
Why buy 1 home when you can buy 2 for the same price?? Amazing Duplex with Great income and even better future potential with such large lot. The duplex sits in THE PRIME central part of Inglewood and only 5 minutes from your LA Rams. Front unit has 2 bedrooms/1 bath and is currently tenant occupied. The rear unit has 3 bed/2baths, and will be delivered vacant. Best of all, both units are separately metered for gas & electricity but more importantly Free Standing Homes which provide the privacy & independence similar to 2 independent homes. Both units have their very own spacious yards as well as front & rear entrances. Tail Gaters welcome! This property is walking distance from Rams Stadium & the metro station! A quick drive to LAX, the Forum, beaches, shopping, freeways, and soon to be redeveloped Downtown Inglewood. Many investor options here; collect rent from the existing duplex, hold for a few years until the Metro station opens, or start from fresh & build new 3-6 unit property on the site. Many lots surrounding the property have already been redeveloped as 3-6 unit properties. Don’t miss out on this prime piece of land!! ***Information here in is not verified by agent. Buyer to verify all information and rely on their own findings.***
Listing Information
Property Type: Cluster, 1 Story
0.2 Acres 876,100 sq.ft. 1,972 (approx)
$342.29 1937
Yes- 2 spaces 1
2 Total
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces
None
No Pool
INR3YY
Suburban
Driving Directions
Cross Streets: La Brea Ave & Arbor Vitae St
Financial Considerations
4021020024
$15,000 Income ,$10,200Expense
Listing Price History

Inglewood Real Estate

Inglewood is located in California. Inglewood, California 90301 has a population of 110,225.

The median household income in Inglewood, California 90301 is $44,558. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Inglewood 90301 is 33 years.

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Courtesy: Remax Masters Daniel Gamboa
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Information is deemed reliable but is not guaranteed.

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