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708 Venice Way

Inglewood, CA 90302

$4,749,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $389 / sqft

1958

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 708 Venice Way
City Inglewood
State CA
Zip 90302
County Los Angeles
Listing Agent James Gilb DRE#00998653
Courtesy Of James F. Gilb
MLS 24382805
List Price $4,749,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 20,222
Year Built 1958
DOM 8

Exterior Information

Maps

home_work Nearby Properties

Image

$3,650/month

king_bed 3
shower 3
straighten 1,300
straighten 10,515
741 Venice Way #3,

Inglewood, CA 90302
Image

$18,500,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
630 Venice Way,

Inglewood, CA 90302
Image

$2,700/month

king_bed 2
shower 2
straighten 1,000
straighten 49,676
805 Glenway Drive #104,

Inglewood, CA 90302
Image

$550,000

king_bed 2
shower 2
straighten 1,031
straighten 65,895
620 Hyde Park Boulevard #103,

Inglewood, CA 90302
Image

$5,999,999

king_bed N/A
shower N/A
straighten N/A
straighten 33,173
811 Austin Ave,

Inglewood, CA 90302

Listing information courtesy of: James Gilb, James F. Gilb . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 30th, 2024 at 5:13 AM 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.