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

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.

24-382805

MLS ID

April 22, 2024

Listed

May 9, 2024

Updated

Map

708 Venice Way
Inglewood CA, 90302

Interior Features

Total Stories

2


Bedrooms

14


Total Bathrooms

19


Appliances

None


Laundry Description

Room


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.46 Acres


Architectual Style

Mid-Century


Sewer

In Street

Other Property Details

Area Name

North Inglewood


Days on Market

8


Garage

Yes


Garage Spaces

14


Parking

Covered Parking


Parking Total

18


View

No


View Description

None


County

Los Angeles


Pool

No


Zoning

INR3YY

Listed by James Gilb with James F. Gilb
Listing Contact: 310-592-7067 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Robyn Calvin | CA DRE# 01988615 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 5/9/2024

Powered byLuxury Presence