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530 VENICE WAY Inglewood, CA 90302
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12618899
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
Laundry None
Building
Lot Description Sprinklers None
Story 2
Others
Special Listing Condition Standard
Read Less
Bought with Subscriber Non • Non-Participant Office