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Sold for $3,230,000
  • $3,230,000

    530 Venice Way, Inglewood, CA 90302

    25beds
    14baths
    10,487sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $3,192,600 Zestimate®
    $308/sqft
    $2,531 Estimated rent

    Home value

    $3,192,600

    $2.87M - $3.58M

    $2,531/mo

    Zestimate® history
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    What's special

    The subject property was built in 1959 and consists of (2) Studio / 1 Bath, (11) 2 Bed / 1 Bath, and (1) 3 Bed / 2 Bath. This is an excellent cash flow opportunity listed at a 7.19% cap rate and 9.68 grm while still offering upside potential. The building is spread out over 10,487 square feet of gross leasable area and sits on a large 15,138 square foot lot that is zoned INR3YY. The property is very well located in northwest Inglewood, just a short distance to Sofi Stadium, the Intuit Dome, and the Hollywood Park Casino development. The Fox Hills mall is located just to the north providing tenants in this area with plenty of shops, dining, and entertainment.

    Zillow last checked:

    Listing updated:

    Listed by:

    William James DRE # 01734419 310-600-9858,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    Peter James DRE # 01748556 310-467-7581,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Cameron Samimi, DRE # 02035763

    Lyon Stahl Investment Real Estate, Inc.

    Source: CLAW,MLS#: 24-424373MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 14
    Heating
    • Wall
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 10,487
    • Total interior livable area: 10,487 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Multi/Split
    • Stories: 2
    • Entry location: Ground Level w/steps
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    Lot
    • Size: 0.35 Acres
    • Features: Flag Lot, Irregular Lot, Single Lot, City Lot
    Details
    • Additional structures: None
    • Zoning: INR3YY
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition,Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1959

    Community & HOA

    Community
    • Security: Smoke Detector(s), Carbon Monoxide Detector(s), Security Lights
    Location
    • Region: Inglewood

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $1,893,768
    • Date on market: 8/7/2024
    • Tenant pays: Gas, Electricity

    Price history

    DateEventPrice
    8/4/2025Listing removed$1,950
    Source: Zillow Rentals Report a problem
    6/12/2025Price change$1,950-7.1%
    Source: Zillow Rentals Report a problem
    5/20/2025Listed for rent$2,100+16.7%
    Source: Zillow Rentals Report a problem
    1/3/2025Sold$3,230,000-2.1%$308/sqft
    Source: CLAW #24-424373 Report a problem
    9/10/2024Pending sale$3,300,000$315/sqft
    Source: CLAW #24-424373 Report a problem
    8/7/2024Listed for sale$3,300,000$315/sqft
    Source: CLAW #24-424373 Report a problem
    12/5/2019Listing removed$1,800
    Source: Zillow Rental Manager Report a problem
    11/20/2019Listed for rent$1,800
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90302

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,192,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,192,600