Inglewood, CA 90302,530 VENICE WAY

$1,600,000

$1,700,000

5.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.35 Acres Lot


SOLD DATE : 05/30/2013

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12618899

Sold Date 05/30/13

HOA Y/N No

Year Built 1959

Lot Size 0.348 Acres

Property Description

NON-RENT CONTROLLED. This building is located in a highly desirable northwest Inglewood neighborhood. The windows have been recently upgraded. The building has an outstanding unit mix of (11) 2-Bedrooms and (1) 3-Bedroom. This is a current cap rate of 6.76% with stable rents and upside. The passive investor can easily achieve over 10% cash-on-cash return.

Location

State CA

County Los Angeles

Area 101 - North Inglewood

Zoning INR3YY

Interior

Cooling None

Fireplace No

Laundry None

Exterior

Total Parking Spaces 12

Building

Lot Description Sprinklers None

Story 2

Others

Tax ID 4017025031

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jonathan Nikfarjam • Marcus & Millichap
Bought with Subscriber Non • Non-Participant Office
agent-avatar

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.