708 Venice Way
708 Venice Way
$4,749,000
14
19
12,192
12,192
$390
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...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.
- Listed by James Gilb • DRE #00998653 • Brokerage DRE #00998653 • James F. Gilb
Property Details for 708 Venice Way
Water Front
None
ZoningINR3YY
StyleMid-Century
Cross StreetsVenice Way & Glenway Drive
Parcel Number4017023013
Total Units19.0
Living Area12192
Source Living AreaAssessor
Location
LISTING UPDATED: 04/30/2024 12:01 AM
Property Details for 708 Venice Way
Status | Active |
---|---|
MLS # | 24-382805 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.46 AC / 20,222 SF |
County | Los Angeles County |
Location
Building Information for 708 Venice Way
Stories2Residences-Year Built1958Building Size-Lot Size0.46 AC / 20,222 SF
Payment Calculator
$27,160 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 708 Venice Way
Property History for 708 Venice Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 708 Venice Way
Taxable ValueLand$339,031Additions$528,286Total$867,317
Tax Record2023$14,911 ($1,243 / month)
Home Facts
Total Finished SqFt12,192 SqFtAbove Grade Finished SqFt12,192 SqFtLot Size20,230 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningINR3YYCountyLOS ANGELESAPN4017-023-013
Schools near 708 Venice Way
This home is within Inglewood Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | K to 8 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Highland Elementary School PublicK to 6 | ||
Parent (Frank D.) Elementary School PublicK to 8 | ||
La Tijera K-8 Charter School Academy of Excellence CharterK to 8 | ||
Inglewood High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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