Inglewood, CA 90302,530 VENICE WAY

$1,600,000

$1,700,000

5.9%
Est.Price: ?

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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

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

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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