Just Sold: 530 Venice Way, 14 Units in Inglewood

The James Group is pleased to announce the sale of 530 Venice Way, a 14 unit apartment building in northwest Inglewood, closed at $2,230,000.

The 1959 building offered two studios, eleven two bedroom units, and one three bedroom unit across 10,487 square feet on a large 15,138 square foot lot, with twelve individual carport spaces. Strong in-place cash flow with remaining upside, a short distance from SoFi Stadium, the Intuit Dome, and Hollywood Park, positioned the property well with buyers tracking Inglewood’s wave of new development.

If you own a building in Inglewood and want to know what today’s buyers would pay for it, reach out for a free, confidential valuation.