630 Venice Way Inglewood, CA ^$ 18,500,000

630 Venice Way

^$ 18,500,000

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630 Venice Way

Inglewood, CA, 90302

^$ 18,500,000

Studio Baths0.0 Sq 68,160

Monthly Estimate*

^$ 129,228

Listed by Lawrence Frank Cannizzaro

630 Venice Way, Inglewood, CA 90302 - Image 1

630 Venice Way, Inglewood, CA 90302 - Image 2

630 Venice Way, Inglewood, CA 90302 - Image 3

630 Venice Way, Inglewood, CA 90302 - Image 4

630 Venice Way, Inglewood, CA 90302 - Image 5

630 Venice Way, Inglewood, CA 90302 - Image 6

Studio

Commercial Property for sale in Inglewood, CA

for $18,500,000. This 68,160 square foot building was built in 1973 on a lot size of 1.0496.

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.

Commercial Active

Price

^$ 18,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.0496

Year Built

1973

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

24365683

Days on Market

Features

General

Zoning INR3*

HOA 0.0

Year Built 1973

Building Name Leyden Apartments

County Los Angeles

Net Operating Income 880450.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions East of La Cienega Blvd and north of Glenway Drive

City Inglewood

View Y/N N

Senior Community Y/N N

Total Units 58

MLS Area 101 - North Inglewood

Lot Size Square Feet 45721.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Venice

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Cap Rate 4.76

Exterior

Total Parking 116.0

Lot Size Area 45721.0

Number of Buildings 1

Spa N

Building Area Total 68160.0

Lot Size Acres 1.0496

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Way

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 630

* Excluded Features

List By

Lawrence Frank Cannizzaro

Broker

(310) 963-4870

Phone

Affordability Calculator

$129,228

Per Month

Monthly Principal & Interest: $129,228
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Inglewood, CA

Average List Price ^$4,057,662

Percent of Sale Price 78%

About Inglewood, CA

110,986 Population

-2% Since 2002

^$45,801 Median Income

35.72 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2024	$18,500,000		Listed Price

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630 Venice Way, Inglewood, CA, 90302 is a Commercial Property for sale at $18,500,000 with 68,160 sqft and a lot size of 1.0496. 630 Venice Way is a studio with 0.0 baths and was built in 1973. The property's zip code is 90302 which is in Inglewood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/6/2024. 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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630 Venice Way

Commercial Property for sale in Inglewood, CA

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