530 Venice Way, Inglewood, CA 90302

  • $3,300,000
  • $315
530 Venice Way, Inglewood, CA 90302
  • Residential Income
  • Property Type
  • 25
  • Bedrooms
  • 14
  • Bathrooms
  • 10487.00
  • 1959
  • Year Built
For Sale
530 Venice Way, Inglewood, CA 90302
  • $3,300,000
  • $315

Overview

Property ID: SGR-33465767
  • Residential Income
  • Property Type
  • 25
  • Bedrooms
  • 14
  • Bathrooms
  • 10487.00
  • 1959
  • Year Built

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.

  • Address 530 Venice Way
  • City Inglewood
  • State/county CA
  • Zip/Postal Code 90302
  • Area 101 - North Inglewood
  • Country United States

Details

Updated on August 10, 2024 at 1:51 pm
  • Property ID: SGR-33465767
  • Price: $3,300,000
  • Property Size: 10487.00 m²
  • Land Area: 15143.00 m²
  • Bedrooms: 25
  • Bathrooms: 14
  • Year Built: 1959
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 10487.00
  • MLS#: 24424373
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: William James
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Co-Agent Name: Peter James
  • Agent State License: 01734419
  • Co-Agent State License: 01748556

Additional details

  • Roof: Composition,Shingle
  • View: City Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 12.00

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