Pending
530 Venice Way
Inglewood CA, 90302
$3,300,000
$314.68 per sqft
Pending
25 Beds
14 Baths
10,487 sqft
Residential
Built in 1959
Listed by William James with Lyon Stahl Investment Real Estate, Inc. 310-425-9838
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.
24424373
MLSⓇ ID
August 7, 2024
Listed
December 5, 2024
Updated
Map
530 Venice Way
Inglewood CA, 90302
Interior Features
Total Stories
2
Bedrooms
25
Total Bathrooms
14
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.35 Acres
Lot Features
Flag Lot, Irregular Lot
Architectual Style
Mid-Century Modern
Roof
Composition, Shingle
Other Property Details
Area Name
101 - North Inglewood
Days on Market
33
Garage
No
Parking
Carport
Parking Total
12
View
Yes
View Description
City Lights
County
Los Angeles
Pool
No
Pool Features
None
Zoning
INR3YY
Listing History
Date | Event | Price |
|---|---|---|
9/10/2024 | Pending | — |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 8:29 AM UTC