This late 1950's constructed 19-unit apartment complex sits in northwest area of the City of Inglewood. Although Inglewood has its own rent control ordinance, it does not fall under the LOS ANGELES RENT STABILIZATION ORDINANCE. This two-story walk up apartment complex enjoys 12,192 square feet of living area and contains 2- two bedroom one bath, 12- one bedroom one bath and 5- singles. It is situated nicely on a large 20,222 irregular shaped square foot lot with two main buildings and carports and tuck under parking. This is a complex that the majority of the neighborhood residents can afford to live in which usually means high occupancy and collections. Building is located in northwest Inglewood, east of La Cienega and south of Centinela. Inglewood and the surrounding municipalities are home to thousands of employers, creating incredible occupancy pressure on the existing housing stock in the area. Property is central to both the west side of Los Angeles and the South Bay beaches and communities of Manhattan Beach, Hermosa Beach, Redondo Beach, Torrance, and the Palos Verdes Peninsula. LAX is a short drive to the southwest. The City of Inglewood is home to SOFI Stadium and the Kia Forum. The newly completed K Line of the Los Angeles area light rail line system was recently completed and serves the city of Inglewood.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Century Modern
Year Built: 1958
Stories: 2
Living Area: 12,192 SqFt
Listing Office:
Office Name: James F. Gilb
Office Phone: (310) 592-7067
Listing Agent: James Gilb
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 14
Exterior Features
Exterior Information:
View: None
Parking Information:
Garage Space: 14 spaces
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
Other
Directions Information:
Directions: East of La Cienega Blvd/West of La Brea Ave/South of Centinela Ave/North of Hyde Park Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $4,749,000
Price Per SqFt: $390/SqFt
Tax Information:
Annual Amount: $14,966
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Inglewood, CA.
This property is $4.0M more than the Median Sold Price and $140/SqFt less than other homes in Inglewood, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24382805
Listing Office:
Office Name: James F. Gilb
Office Phone: (310) 592-7067
Listing Agent: James Gilb
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 5:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 04, 1999
Jun 04, 1999Home Sold
$575,000
May 14, 1992
May 14, 1992Home Sold
$294,545
Aug 04, 1989
Aug 04, 1989Home Sold
$354,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$14,966
$833,675
2020
$14,205
$824,237
2019
$13,896
$808,076
2018
$13,485
$792,232
2017
$13,485
$776,699
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Highland Elementary School
430 Venice Way
Distance between this listing and this school0.30 miles
Public District Grades KG-6
4
/10
Hudnall (Claude) Elementary School
331 W Olive St
Distance between this listing and this school0.63 miles
Public District Grades KG-6
9
/10
Wilder's Preparatory Academy Charter
830 N La Brea Ave
Distance between this listing and this school0.64 miles
Public Charter Grades KG-5
Nearby Schools
9
/10
Wilder's Preparatory Academy Charter Middle School
830 N La Brea Ave
Distance between this listing and this school0.64 miles
Public Charter Grades 6-8
2
/10
Crozier (George W.) Middle School
151 N Grevillea Ave
Distance between this listing and this school0.67 miles
Public District Grades 7-8
5
/10
La Tijera K-8 Academy of Excellence
1415 N La Tijera Blvd
Distance between this listing and this school0.86 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Inglewood High School
231 S Grevillea Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
5
/10
City Honors College Preparatory Charter
155 W Kelso St
Distance between this listing and this school0.89 miles
Public Charter Grades 9-12
5
/10
Bright Star Secondary Charter Academy
5431 W 98th St
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $42,741. The most common annual income of people living in Inglewood, CA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 708 Venice Way
What is the listing price of this property?
The listing price of 708 Venice Way property is $4,749,000.
What type of property is this?
The property 708 Venice Way is a house located in Inglewood, California, 90302.
Is this property for sale now?
Active Listing: 708 Venice Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $14,966 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 4, 1999 for $575,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 708 Venice Way has 14 bedrooms and 19 bathrooms.
What is the square footage of this property?
The property 708 Venice Way is 12,192 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 708 Venice Way is 1958.
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This home is located at 708 Venice Way in Inglewood, CA and zip code 90302 in the South Bay neighborhood. This 12,192 square foot home, which was built in 1958, sits on a 0.46 acre lot. Features: 14 bedrooms, 19 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $4,749,000.
In April 2024 more than 9 listings in Inglewood, CA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Inglewood, CA increased by 5.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $706,999, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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