516 Venice Way Inglewood, CA 90302
North Inglewood NeighborhoodEstimated payment $3,310/month
Highlights
- 7,801 Acre Lot
- Laundry Room
- Wall Furnace
About This Home
Welcome to 516 Venice Way Apt. 5, a charming 3-bedroom, 2-bathroom condominium nestled in the heart of Inglewood, CA 90302. This 1,086 sq. ft. residence offers a blend of comfort, convenience, and potential, making it an ideal choice for first-time homebuyers, investors, or those seeking a cozy urban retreat.
Property Highlights:
Spacious Living: Enjoy an open-concept layout with a cozy fireplace in the family room, perfect for relaxing evenings.
Functional Kitchen: The kitchen features granite countertops, ample cabinetry, and a breakfast bar that seamlessly connects to the dining area.
Private Parking: Benefit from two dedicated parking spaces in a gated garage, ensuring security and convenience.
Community Setting: Located in a small, quiet complex of just 6 units, offering a peaceful living environment.
HOA Amenities: Monthly HOA fee of $472 covers common area maintenance, trash, sewer, and water services.
Prime Location:
Situated in the highly desirable 90302 zip code, this condo offers unparalleled access to key destinations:
Major Freeways: Easy access to the 405 freeway, facilitating smooth commutes to surrounding areas.
Shopping Centers: Nearby shopping hubs include Centinela Park Place, La Brea Plaza, and Hyde Park Plaza, all within a 0.6-mile radius.
Educational Institutions: Top-rated schools such as Highland Elementary (K-6), La Tijera K-8 Charter School Academy of Excellence, and Inglewood High School are within close proximity.
Entertainment Venues: Experience world-class events at SoFi Stadium and The Forum, both just minutes away.
PropertySimple
Airports: Conveniently located 4 miles from Los Angeles International Airport (LAX), ideal for frequent travelers.
Investment Opportunity:
Priced at $519,000, this condo presents a unique opportunity to own in a rapidly appreciating area. While the unit may benefit from some cosmetic updates, its solid foundation and prime location offer significant potential for value appreciation.
Don't miss the chance to make this condo your own. Contact us today to schedule a viewing and explore the possibilities that await at 516 Venice Way Apt. 5.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,728
Year Built
- Built in 1989
HOA Fees
- $472 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
Interior Spaces
- 1,072 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Additional Features
- Exterior Lighting
- 1 Common Wall
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 47101
- Assessor Parcel Number 4017025041
- $271 per year additional tax assessments
Community Details
Overview
- 6 Units
- Ccam Association, Phone Number (818) 981-1802
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,728 | $202,364 | $69,567 | $132,797 |
| 2024 | $2,728 | $198,397 | $68,203 | $130,194 |
| 2023 | $2,702 | $194,508 | $66,866 | $127,642 |
| 2022 | $2,750 | $190,695 | $65,555 | $125,140 |
| 2021 | $2,720 | $186,957 | $64,270 | $122,687 |
| 2019 | $2,558 | $181,413 | $62,364 | $119,049 |
| 2018 | $2,549 | $177,857 | $61,142 | $116,715 |
| 2016 | $2,409 | $170,953 | $58,769 | $112,184 |
| 2015 | $2,386 | $168,386 | $57,887 | $110,499 |
| 2014 | $2,388 | $165,089 | $56,754 | $108,335 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $490,000 | 0.0% | $457 / Sq Ft |
| 07/18/2025 07/18/25 | Off Market | $490,000 | -- | -- |
| 07/10/2025 07/10/25 | For Sale | $490,000 | 0.0% | $457 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $490,000 | -- | $457 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $137,000 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $17,506 | Future Advance Clause Open End Mortgage | |
| Open | $252,000 | Unknown | |
| Closed | $225,250 | Unknown | |
| Closed | $198,700 | Unknown | |
| Closed | $160,000 | Unknown | |
| Closed | $132,871 | FHA | |
| Previous Owner | $132,890 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25107952
APN: 4017-025-041
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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