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630 Venice Way
Coming Soon $18,500,000 ($271.42 per Sq Ft)
$18,500,000 ($271.42 per Sq Ft)
- 58 Units
- 68,160 Sq Ft
- 45,721 Sq Ft
- Unknown Cap Rate
Description
Rare opportunity to purchase this trophy property in the best part of Inglewood. Great unit mix of 53 (2+2) and 5 (3+2) units. The amenities available for residents include a swimming pool, fitness center, control access, laundry facilities on each floor, elevator, and community BBQ. Secured on-site parking is provided with 116 spaces allowing for 2 parking spaces per unit.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $18,500,000 |
| Property Type | Multi-Family |
| Usable Sqft | 68,160 |
| Number of Stories | 3 stories |
| Parking Spots | 116 spots |
| Year Built | 1973 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4017024031 |
| MLS # | 24391977 |
| Property ID | 320487762 |
| Lot Sqft | 45,721 |
| Zoning | INR3* |
| Total Units | 58 |
| Date Updated | May 14, 2024 |
| Date Created | March 06, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 2.00 | $2,620 | $13,098 |
| Unit #2 | 2 | 2.00 | $2,172 | $114,420 |
| Gross Income (Yr) | $ 1,495,368 |
| Operating Expenses | $ 622,420 |
| Net Income (Yr) | $ 872,948 |
| Cap Rate | 4.72% |
Listing Provided By
Lawrence Cannizzaro an agent of . Lic #00609154
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Robert Crawford
REAL ESTATE AGENT