$3,995,000
For Sale

10720 Burin Avenue

Inglewood, CA 90304
0.38 acres | #SB24157410
Listing OfficeBeach City Brokers
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

22-unit building located 1.5-2 miles from SoFi Stadium, The Forum, and Hollywood Park in an unincorporated part of Los Angeles. This property offers strong cash flow with a 9.06 GRM and an 5.13% cap rate. Priced at $181,591 per unit, it has significant upside potential. Recent updates within the last 5 years include new roofs, sewer lines, double-pane windows, water heaters, gutters, and central air/heat. 18 of the 22 units have updated kitchens, and some featuring updated baths. Fully occupied, the property offers 32 gated parking spots. Potential to add 4 ADUs (BTV). Ratio Utility Billing System (RUBS) has been initiated for 3 units that currently qualify. Ideal for investors seeking rental income growth in a rapidly developing area.

  • Property Details
      • Lot DescriptionNearPark, NearPublicTransit
      • Stories2
    • Measurements
      • Acres0.3751
    • Parking
      • Parking Spaces22
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1963
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,295,000
  • Other
      • MLS #SB24157410

Location

Gary ElminoufiCEO / Broker | DRE # 01139207
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00