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630 Venice Way, Inglewood, CA 90302
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630 Venice Way Inglewood, CA 90302

$18,500,000
  • 121 Beds
  • 116 Baths
  • 68,160 Sq.Ft.
For Sale
$18,500,000 Get Pre-Qualified
Map preview of 630 Venice Way, Inglewood, CA 90302

Property Overview: 630 Venice Way Inglewood, CA has 121 bedrooms, 116 bathrooms, 68,160 living square feet and 45,721 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Lawrence Cannizzaro | BRE #00609154 | Lawrence Frank Cannizzaro
Last checked: 8 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
45,721
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24391977
City
Inglewood
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 58
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 53
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,172
  • Total Rent: $114,420
  • Pro Forma/Market Rent: $114,420
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,620
  • Total Rent: $13,098
  • Pro Forma/Market Rent: $13,098
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.72%
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: --
  • Net Operating Income: $872,948
  • Gross Operating Income: $1,495,368
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 630 Venice Way

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Property Details for 630 Venice Way

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Electric
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 116
  • Has Parking
  • Parking Features: Subterranean
Property Information
  • Total # of Units: 58
  • Parcel Number: 4017024031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of La Cienega Blvd and north of Glenway Dr
View more facts & features

Local Inglewood Agent

Sale History for 630 Venice Way

Last sold on July 7th, 2009

  • May, 2024

  • May 14, 2024

    Date

    Canceled

    CRMLS: 24365683

    $18,500,000

    Price

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365683

    $18,500,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24391977

    $18,500,000

    Price

  • July, 2009

  • Jul 7, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 630 Venice Way

Assessed Value (2020): $3,432,816
Year Land Value Improved Value Assessed Value
2020 $215,216 $3,217,600 $3,432,816

Home Value Compared to the Market

This property vs the competition

630 Venice Way is listed 2546.64% higher than the median list price for the city of Inglewood which has a median list price of $699,000. The median price per/sqft for Inglewood is $535 and this home is listed at $271.42 per/sqft which puts the price per square foot 49.27% lower than the median price per square foot for the city of Inglewood.

About 630 Venice Way

Detailed summary of property

630 Venice Way is a multi family located in Inglewood, CA 90302 and is currently for sale. This multi family property offers 121 bedrooms, 116 bathrooms, roughly 68,160 living square feet, and sits on an approximately 45,721 square foot lot. 630 Venice Way was first listed on ArdentRealEstateGroup.com on May 14, 2024. The homeowner is currently asking $18,500,000. The median priced home in Inglewood is $699,000 with a median price per square foot of $535. Based on Ardent Real Estate Group's Inglewood Market Data, this home is listed 2546.64% higher than the median priced home. While the average home in Inglewood, CA is selling in 80 days, 630 Venice Way has a days on market of 86 days. There are currently 116 homes for sale in the Inglewood real estate market and 65 of them are single family homes while 36 of them are condos and 15 are townhomes. For more information on this home for sale at 630 Venice Way Inglewood, CA 90302 contact Ardent Real Estate Group and we will put you in touch with one of our Inglewood agents.

Public Facts for 630 Venice Way

Public county record property details
Beds
--
Baths
16
Year built
1973
Sq. Ft.
68,160
Lot Size
45,694
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
95,96
APN
4017-024-031

The source for these homes facts are from public records.

90302 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$425,000
Median Sold Price/Sq.Ft.
$478
Total Inventory
40
Median Sale to List Price %
94.44%
Avg Days on Market
44
Loan Type
Conventional (12.5%), FHA (12.5%), VA (0%), Cash (25%), Other (25%)

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Homes for Sale Near 630 Venice Way

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Recently Sold Homes Near 630 Venice Way

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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