710 Venice Way 2 Unit Apartment Building $1,290,000 ($645,000/Unit) 6.10% Cap Rate Inglewood, CA 90302

Kidder Mathews is pleased to present 710 Venice Way that can be delivered fully vacant. Situated in the business-friendly area of Inglewood, CA this duplex has been fully remodeled and updated to serve as an investment vehicle to be utilized by an owner user looking to move into this reemerging area and enjoy income from an additional unit.
Permits are ready to be issued (RTI) for an additional One Bedroom ADU so an investor will be well positioned to capitalize on the potential benefits of short-term rentals in close proximity to the Intuit Dome and Sofi Stadium as they will serve as venues for the upcoming Los Angeles 2028 Summer Olympic Games.
With fully updated kitchens, bathrooms, hardwood floors, siding, electrical 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 with minimal deferred maintenance costs. Furthermore, the approved ADU adds significant upside for any buyer.
The surrounding area boasts significant development with several projects recently completed or under construction in the highly desirable and emerging Inglewood market.