$2,749,000
14 Bed
6,003 Sqft
8,971 Sqft Lot

519 Venice Way 1 thru 7, Inglewood, California 90302

  • Residential Income Property Type
  • 8 Days Time On Market
  • 6,003 Sqft Square Footage
  • 7 Cars Garage
  • 1961 Year Built
Property Description

Rare opportunity seeking sophisticated buyer for a bulk sale of a 7 unit CONDO building. Savvy buyer will recognize the hidden value of purchasing this property and operating it as either an apartment building or sell off units individually. Comparable units in the neighborhood are currently selling for appx $490,000/unit. If buyer chooses to operate this as an apartment building, keep in mind that due to these units being individual condos (SFR), they are exempt from many of the state and local rent control laws. Seller will deliver 4 units vacant and the remaining 3 tenants will be at $2,300/month. All units are 2 bdrm/2 baths with one parking space each.Buyer also has the flexibility to sell the units individually and make a profit for their troubles of finding individual buyers. Seller is motivated to sell and willing to offer seller financing.

Basic Details
Residential Income
For Sale
22225169
$2,749,000
14
6,003 Sqft
1961
8,971 Sqft
Active
Features
: Wall Furnace
: 7
: Carport
$0
Address Map
California
Los Angeles
Inglewood
90302
519 Venice Way 1 thru 7
0
W119° 38' 7.7''
N33° 58' 18.5''
MLS Addon
McAlpin & Company
Enedina Sanchez
$0
14
6,003 Sqft
$0
4.98
8
East of La Cienega/West of La Brea/South of Centinela/ North of Florence
$0
: Laminate
Del Sol Hs
1
1
$0
Woodbury C. W.
1
4017017067
1
: Standard
2
$0
INR3YY
Agent info
Isidro Nunez
Alturas Realty
Contact Agent

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