710 Venice Way Inglewood, CA 90302
North Inglewood Neighborhood
3
Beds
3
Baths
1,925
Sq Ft
5,851
Sq Ft Lot
About This Home
As of November 2024We are pleased to present 710 Venice Way. THE TWO BEDROOM UNIT WILL NOW BE DELIVERED VACANT! Situated in the business-friendly area of Inglewood, CA this duplex has been fully remodeled and updated to serve as an investment vehicle for an active investor or to be utilized by an owner user looking to move into this reemerging area. With fully updated kitchens, bathrooms, hardwood floors, siding, and roofing, this is a great opportunity to own an income producing asset yielding strong cash flow in a highly desirable sub location of Inglewood. It serves as a unique and highly desirable property as reflected in its offering price. Furthermore, the potential to add an ADU adds significant upside for any buyer. The surrounding area boasts significant development with several projects recently completed or under construction including Sofi Stadium, and the Intuit Dome.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01845545 Listed on: 08/01/2024
Last Buyer's Agent
Kidder Mathews of California, Inc. License #01845545 Listed on: 08/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,678
Year Built
- Built in 1961
Parking
- 3 Car Garage
- Driveway
- Controlled Entrance
Interior Spaces
- 1,925 Sq Ft Home
- 1-Story Property
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- 5,851 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Units
- Vacancy Allowance $1,944
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 4017-023-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Oct 4, 2024
Sold by
Jaimes Joann Maria
Bought by
Caal Emily
Seller's Agent
Joshua Luchs
Kidder Mathews of California, Inc.
Buyer's Agent
Joshua Luchs
Kidder Mathews of California, Inc.
List Price
$995,000
Sold Price
$955,000
Premium/Discount to List
-$40,000
-4.02%
Views
45
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,764
Avg. Annual Appreciation
1.27%
Original Mortgage
$764,000
Outstanding Balance
$757,134
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$207,818
Purchase Details
Closed on
Jan 19, 2005
Sold by
Millan Carlos
Bought by
Jaimes Joann Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,450
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 19, 2003
Sold by
Millan Carlos
Bought by
Millan Carlos and Jaimes Joann
Purchase Details
Closed on
Dec 9, 2002
Sold by
Parson Johnathan
Bought by
Millan Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.87%
Purchase Details
Closed on
Mar 26, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Parson Johnathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,013
Interest Rate
6.79%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 1, 1998
Sold by
Wu Samuel L and Wu Elizabeth L
Bought by
Federal Home Loan Mortgage Corporation
Similar Homes in Inglewood, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $955,000 | Ticor Title Company | |
| Grant Deed | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $285,000 | Orange Coast Title | |
| Corporate Deed | $147,000 | First American Title Co | |
| Trustee Deed | $159,900 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $764,000 | New Conventional | |
| Previous Owner | $215,000 | Credit Line Revolving | |
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $405,000 | Unknown | |
| Previous Owner | $371,450 | Purchase Money Mortgage | |
| Previous Owner | $256,500 | No Value Available | |
| Previous Owner | $179,000 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $10,700 | Credit Line Revolving | |
| Previous Owner | $146,013 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $955,000 | -4.0% | $496 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $995,000 | -- | $517 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $7,678 | $955,000 | $700,000 | $255,000 |
| 2024 | $7,678 | $578,132 | $421,732 | $156,400 |
| 2023 | $7,598 | $566,797 | $413,463 | $153,334 |
| 2022 | $7,739 | $555,684 | $405,356 | $150,328 |
| 2021 | $7,662 | $544,789 | $397,408 | $147,381 |
| 2020 | $7,320 | $539,204 | $393,334 | $145,870 |
| 2019 | $7,198 | $528,632 | $385,622 | $143,010 |
| 2018 | $7,132 | $518,267 | $378,061 | $140,206 |
| 2016 | $6,750 | $498,144 | $363,382 | $134,762 |
| 2015 | $6,689 | $490,662 | $357,924 | $132,738 |
| 2014 | $6,682 | $481,051 | $350,913 | $130,138 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Luchs
Seller's Agent in 2024
Joshua Luchs
Kidder Mathews of California, Inc.
(818) 231-2477
1 in this area
8 Total Sales
Map
Source: The MLS
MLS Number: 24-422515
APN: 4017-023-012
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