10720 Burin Avenue,

Next Steps: Inquire! Request Showing Share with Friends Print Add to Favorites

Home For Sale

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 9.73 GRM and an 4.77% cap rate. Priced at $195,227 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

10720 Burin AvenueLot Size: 0.38Bedrooms: 3Price: $4,295,000Zip: 90304
MLS® #: SB24157410School District: Listed By: Gary Elminoufi, Beach City Brokers

Area Profile

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

Mortgage Calculator

  • (In Dollars)
  • %
  • years
  • %

  • Show me the calculations and amortization.

Additional Information

  • County:
    Los Angeles
  • Zip:
    90304
  • MLS® #:
    SB24157410
  • Bedrooms:
    3
  • Lot Size:
    0.38
  • Neighborhood:
    INGLEWOOD (90304)
Back to Search Results

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®, Inc.

Listing information last updated on August 2nd, 2024 at 10:01pm PDT.