10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Robert Cole

Robert Cole

Real Brokerage Technologies

+1(714) 253-3777
$ 4,295,000
Est. payment | /mo

0.38 Acres Lot

Save
$ 4,295,000
Est. payment | /mo
Save

0.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26109752

HOA Y/N No

Year Built 1963

Lot Size 0.375 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State CA

County Los Angeles

Area 105 - Lennox

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Community Features Park

Present Use Multi-Family

Total Parking Spaces 32

Building

Lot Description Near Park, Near Public Transit

Story 2

Water Public

Others

Tax ID 4036017025

Security Features Security Gate

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gary Elminoufi Beach City Brokers 310-292-0332, DRE #01139207

NEARBY SCHOOLS & PROPERTIES

Robert Cole

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(714) 253-3777

rob@thecolegroup.co

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Robert Cole, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go Tour this Home

10720 Burin AVE