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$4,295,000
11 Days On Site

10720 Burin Avenue
Inglewood, CA 90304

For Sale|Multi Family|Active
0
Beds
0
Total Baths
11,879
SqFt
$362
/SqFt
1963
Built
County:
Los Angeles
Listed by Gary Elminoufi of Beach City Brokers [email protected]
Call Now: 760-855-4179
Is this the listing for you? We can help make it yours.
760-855-4179
10720 Burin Avenue10720 Burin Avenue10720 Burin Avenue10720 Burin Avenue
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Monthly Payment (Est.)

$19,596
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22-unit multifamily turnkey asset priced at under $200k per unit, ideally positioned in unincorporated Los Angeles just 1.5-2 miles from SoFi Stadium, Intuit Dome, YouTube Theater, The Kia Forum, and Hollywood Park. Approved RTI permits are in place for 2 ADUs with potential for 3 more, and a Ratio Utility Billing System has been initiated allowing owners to recover a portion of utility expenses from tenants over time. Significant capital improvements have already been completed including new roofs, sewer lines, double-pane windows, water heaters, gutters, and central air and heat systems, allowing a new owner to step in with stable operations and minimal deferred maintenance from day one. The majority of units have updated kitchens and baths, and current rents are below market with a natural runway for growth through turnover. The property is fully gated across two buildings with 32 parking spaces. Located adjacent to Inglewood with LAX three miles away and major employers including SpaceX and Northrop Grumman within four miles.

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Listing Snapshot
Price 
$4,295,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,879 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3751 Acres
Year Built 
1963
MLS® Number 
SB26109752
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.3751
Additional Property Use 
Multi-Family
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
32
Property Sub Type 
Multi Family
Security 
Security Gate
Special Circumstances 
Standard
SqFt Total 
11879
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
Common Area
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Exterior Features
Lot Features 
Near Public Transit
Community Features
Community Features 
Park
Financing Terms Available 
Submit1031 Exchange
MLS Area 
105 - Lennox


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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