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511 Venice Way

Inglewood, CA 90302

$2,999,000

| 8,704 sq. ft.

Status: Active Area: 101 - North Inglewood

Year Built: 1960 MLS#: SB25078591

Description

Well-Maintained 12-Unit Mixed Apartment Building for Sale. Prime commuter location just a few blocks from the 405 Freeway. Features an attractive gated entrance, beautifully landscaped grounds, and a well-maintained pool. Additional Properties Also Available Three other properties are also for sale and can be purchased individually or as a portfolio: 16 units at 404 E. Hyde Park, Inglewood 12 units at 530 Olive Street, Inglewood 6 units at 717 N. Market St, Inglewood In total, 41 out of 46 units have been fully remodeled to condo-quality standards. The entire portfolio offers a hassle-free, low-maintenance, turnkey operation with a strong track record of minimal vacancy, low tenant turnover, and consistent 100% rent collection. Parking Ample parking is available. Typically, one-bedroom units include one parking space, while two- to four-bedroom units come with two spaces each.

Features

Heating: N/A

Cooling: N/A

Structure Type: Other

Association Amenities: N/A

Pool Descriptions: Community

Price/sqft: $345

Parking Spaces: 15

Total Floors: 2

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.