702-740 Venice Way | Inglewood, CA 90302
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702-740 Venice Way
Inglewood, CA 90302
Back on Mkt! Price Reduced Over 10% | 47u · Build-to-Rent Property For Sale
·
47 Units

INVESTMENT HIGHLIGHTS
- Property website: https://properties.berkadia.com/venice-dreams-427412/p/1
- Beautiful 47-Unit Community in Inglewood; Minutes to SoFi Stadium and Intuit Dome
- Large Units Averaging Approximately 1,020 SF
- Back on Market! Price Reduced by Over 10%; Priced Below Replacement Cost at $354 PSF
- Approximately $1.5M Spent on Unit Renovations; All Units Renovated (Except 5)
- Attractive Assumable Financing Available at 3.41% Fixed Through March 2031; I/O Through April 2026
PROPERTY FACTS
| No. Units | 47 | Total Plot Size | 1.20 ac |
| Property Type | Build-to-Rent | Property Size | 47,959 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Costar Property Class | C | Parking Allocation | 1.06/1,000 sq ft |
| Use Class | R3, Inglewood | ||
| No. Units | 47 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 1.20 ac |
| Property Size | 47,959 sq ft |
| No. Floors | 2 |
| Year Built | 1961 |
| Parking Allocation | 1.06/1,000 sq ft |
| Use Class | R3, Inglewood |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Disposal
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Security System
- Gated
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2 | 44 | - | 1,015 |
| 3+2 | 2 | - | 1,150 |
| 2+1 | 1 | - | 975 |
LINKS
PROPERTY TAXES
| Parcel Number | 4017-023-026 | Improvements Assessment | £2,190,812 |
| Land Assessment | £6,938,446 | Total Assessment | £9,129,259 |
PROPERTY TAXES
Parcel Number
4017-023-026
Land Assessment
£6,938,446
Improvements Assessment
£2,190,812
Total Assessment
£9,129,259
Listing ID: 31293516
Date on Market: 21/03/2024
Last Updated:
Address: 702-740 Venice Way, Inglewood, CA 90302
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