10720 Burin Avenue Inglewood, CA 90304
Multi-Family (2-4 Units)
MLS #: SB24157410
Courtesy Of Beach City Brokers
$4,295,000
3 beds
|
2 baths
|
11,879 sq ft
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Estimated monthly payments:
$18,775/mo.* (recalculate)
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Heating System: Central Furnace
MAP & DIRECTIONS
School Information
10720 Burin Avenue, Inglewood, CA 90304
Elementary School
Grades KG-5 |
Public School
JEFFERSON ELEMENTARY
Inglewood, CA 90304
10322 Condon Ave
310.680.5650
Distance: 0.4 mi
School Rating
B-
Student:Teacher Ratio
23:1
Total Students
871
Middle School
Grades 6-8 |
Public School
LENNOX MIDDLE SCHOOL
Inglewood, CA 90304
11033 Buford Ave
310.419.1800
Distance: 0.7 mi
School Rating
B
Student:Teacher Ratio
20:1
Total Students
1412
High School
Grades 9-12 |
Public School
LEUZINGER HIGH SCHOOL
Lawndale, CA 90260
4118 Rosecrans Ave
310.263.2208
Distance: 2.6 mi
School Rating
B-
Student:Teacher Ratio
21:1
Total Students
1867
High School
Grades 9-12 |
Public School
HAWTHORNE HIGH SCHOOL
Hawthorne, CA 90250
4859 W El Segundo Blvd
310.263.4400
Distance: 1.6 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
1797
High School
Grades 9-12 |
Public School
LAWNDALE HIGH SCHOOL
Lawndale, CA 90260
14901 Inglewood Ave
310.263.3102
Distance: 3.0 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
2077
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Lennox Mathematics Science And Technology Academy | 0.3 mi | Public | 9-12 | A+ |
| Moffett Elementary | 0.3 mi | Public | PK-5 | C |
| Lennox Virtual Academy | 0.4 mi | Public | KG-8 | |
| Animo Leadership High School | 0.4 mi | Public | 9-12 | A- |
| Huerta Elementary | 0.4 mi | Public | PK-5 | A- |
| Buford Elementary | 0.6 mi | Public | KG-5 | B- |
| Felton Elementary | 0.8 mi | Public | PK-5 | B- |
| Beulah Payne Elementary School | 0.9 mi | Public | KG-6 | D+ |
| St Joseph School | 0.9 mi | Private | KG-8 | |
| Century Community Charter | 0.9 mi | Public | 6-8 | B |
| York | 1.0 mi | Public | KG-5 | B |
| Worthington Elementary School | 1.1 mi | Public | KG-5 | C- |
| Eucalyptus | 1.2 mi | Public | KG-5 | C+ |
| Environmental Charter Middle - Inglewood | 1.2 mi | Public | 6-8 | A- |
| Al-huda Islamic School | 1.2 mi | Private | PK-8 | |
| Morningside High School | 1.2 mi | Public | 9-12 | D+ |
| Hawthorne Math And Science Academy | 1.3 mi | Public | 9-12 | A+ |
| Icef Inglewood Elementary Charter Academy | 1.3 mi | Public | KG-5 | B |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Inglewood, CA 90304
| Median Age: | 34.5 |
|---|---|
| Married: | 49% |
| Number of Households: | 7,207 |
| Households with Children: | 46.6% |
Inglewood, CA 90304
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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