516 Venice Way
Inglewood, CA 90302
- 3 beds
- 2 baths
- 1,072 sqft
- ~7801 acre lot
- $457 per sqft
- 1989 build
- – on site
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.
Last checked:
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Last updated May 17, 2025
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MLS# CV25107952 —
The Building
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Year Built:1989
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Year Built Source:Estimated
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:2
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Entry Level:2
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Common Walls:1 Common Wall
Interior
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Levels:Two
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Entry Location:1
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Room Type:Primary Bedroom
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Living Area Units:Square Feet
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Living Area Source:Estimated
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Fireplace:Yes
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Fireplace:Family Room
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Laundry:Community
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Laundry:1
Room Dimensions
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Living Area:1072.00
Location
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Directions:516 Venice Way Apt. 5, Inglewood, CA 90302
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Latitude:33.97144900
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Longitude:-118.36391000
The Property
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Property Type:Residential
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Subtype:Condominium
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Lot Size Area:7801.0000
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Lot Size Acres:7801.0000
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Lot Size SqFt:339811560.00
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Lot Size Source:Estimated
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View:None
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:47101
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Tax Lot:1
Beds
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Total Bedrooms:3
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Main Level Bedrooms:1
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Main Level Baths:1
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4017025041
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Inglewood Unified
The Community
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Units in the Community:6
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Features:Curbs, Sidewalks, Street Lights, Suburban
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Association Amenities:Other
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Association:CCAM
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Association:Yes
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Association Fee:$472
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Association Fee Frequency:Monthly
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Monthly cost estimate

Asking price
$490,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,623
|
Taxes | N/A |
Insurance | $134 |
HOA fees | $472 |
Utilities | $122 See report |
Total | $3,351/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/16/25
May 16, 2025
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Listed / Active | CRMLS_CA | $490,000 |

35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $66k over asking price.