CA > Inglewood
Inglewood, CA 90302,530 Venice Way
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Inglewood, CA 90302,530 Venice Way
Inglewood, CA 90302,530 Venice Way
Inglewood, CA 90302,530 Venice Way
Inglewood, CA 90302,530 Venice Way
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GUIDE SoCal

GUIDE SoCal

$ 3,300,000
Est. payment /mo
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Pending

530 Venice Way Inglewood, CA 90302

25 Beds

14 Baths

10,487 SqFt

UPDATED:

09/10/2024 12:27 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 10,487 sqft

Price per Sqft $314

MLS Listing ID 24-424373

Style Mid-Century

Bedrooms 25

Construction Status Updated/Remodeled

Year Built 1959

Lot Size 0.348 Acres

Acres 0.3476

Property Description

The subject property was built in 1959 and consists of (2) Studio / 1 Bath, (11) 2 Bed / 1 Bath, and (1) 3 Bed / 2 Bath. This is an excellent cash flow opportunity listed at a 7.19% cap rate and 9.68 grm while still offering upside potential. The building is spread out over 10,487 square feet of gross leasable area and sits on a large 15,138 square foot lot that is zoned INR3YY. The property is very well located in northwest Inglewood, just a short distance to Sofi Stadium, the Intuit Dome, and the Hollywood Park Casino development. The Fox Hills mall is located just to the north providing tenants in this area with plenty of shops, dining, and entertainment.

Location

State CA

County Los Angeles

Area North Inglewood

Zoning INR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment None

Exterior

Garage Carport

Garage Spaces 12.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition, Shingle

Building

Lot Description Lot Shape-Flag, Lot Shape-Irregular, Single Lot

Story 2

Architectural Style Mid-Century

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

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530 Venice Way