530 Venice Way, Inglewood, CA 90302
-
Listed Price :
$3,300,000
-
Beds :
25
-
Baths :
14
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Property Size :
10,487 sqft
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Year Built :
1959
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.
Interior Features
| Bedroom Information |
| Bedrooms |
25 |
| Bathroom Information |
| Bathrooms |
14 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
530 Venice Way |
| City |
Inglewood |
| State |
CA |
| Zip |
90302 |
| County |
Los Angeles |
| Listing Agent |
William James DRE #01734419 |
| Co-Listing Agent |
Peter James DRE #01748556 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$3,300,000 |
| Status |
Pending |
| Type |
Residential Income |
| Structure Size |
10,487 |
| Lot Size |
15,143 |
| Year Built |
1959 |
Listing information courtesy of: William James, Peter James, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
