Active
708 Venice Way
Inglewood CA, 90302
$4,749,000
$389.52 per sqft
Active
14 Beds
19 Baths
12,192 sqft
Residential
Built in 1958
Listed by James Gilb with James F. Gilb 310-592-7067
This late 1950's constructed 19-unit apartment complex sits in northwest area of the City of Inglewood. Although Inglewood has its own rent control ordinance, it does not fall under the LOS ANGELES RENT STABILIZATION ORDINANCE. This two-story walk up apartment complex enjoys 12,192 square feet of living area and contains 2- two bedroom one bath, 12- one bedroom one bath and 5- singles. It is situated nicely on a large 20,222 irregular shaped square foot lot with two main buildings and carports and tuck under parking. This is a complex that the majority of the neighborhood residents can afford to live in which usually means high occupancy and collections. Building is located in northwest Inglewood, east of La Cienega and south of Centinela. Inglewood and the surrounding municipalities are home to thousands of employers, creating incredible occupancy pressure on the existing housing stock in the area. Property is central to both the west side of Los Angeles and the South Bay beaches and communities of Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, and the Palos Verdes Peninsula. LAX is a short drive to the southwest. The City of Inglewood is home to SOFI Stadium and the Kia Forum. The newly completed K Line of the Los Angeles area light rail line system was recently completed and serves the city of Inglewood.
24382805
MLSⓇ ID
April 22, 2024
Listed
April 30, 2024
Updated
Map
708 Venice Way
Inglewood CA, 90302
Interior Features
Total Stories
2
Bedrooms
14
Total Bathrooms
19
Laundry Description
Laundry Room
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.46 Acres
Architectual Style
Mid-Century Modern
Sewer
Other
Other Property Details
Area Name
101 - North Inglewood
Days on Market
8
Garage
Yes
Garage Spaces
14
Parking
Covered
Parking Total
18
View
No
View Description
None
County
Los Angeles
Pool
No
Zoning
INR3YY
Buyer Agency Compensation
2%
Listing Contact: 310-592-7067
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Data last updated on 4/30/2024 at 2:08 PM UTC