Inglewood, CA 90304,11031 Burin
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$ 1,960,000
Est. payment | /mo

13 Beds

9 Baths

5,810 Sqft Lot


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$ 1,960,000
Est. payment | /mo
Save

13 Beds

9 Baths

5,810 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24230876

Bedrooms 13

HOA Y/N No

Lot Size 5,810 Sqft

Property Description

This exceptional, newly constructed 4-unit apartment building offers a prime investment opportunity or an ideal owner/user scenario. Comprising two separate duplexesa front duplex built in 2018 and a back ADU duplex completed in 2024this property delivers strong cash flow with low maintenance. There is no need to worry about RENT CONTROL as the building is being offered 100% vacant, providing immediate occupancy or leasing flexibility. The front duplex features two spacious, townhouse-style units, each with 4 bedrooms and 3 bathrooms. These units offer large, open floor plans and high-end finishes throughout. The back duplex includes a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, perfect for attracting quality tenants seeking modern living in a desirable location. Cap Rate of 6.3% and a GRM of 11.2, providing strong cash flow potential. They are individually metered for water, gas, and electricityensuring minimal owner responsibility for utilities. Mini split system for energy-efficient heating and cooling in each unit. Low-maintenance construction and finishes designed for durability and long-term performance. Located in a prime, centrally situated area, this property is just minutes from major landmarks such as LAX, SoFi Stadium, SpaceX headquarters, and the Intuit Dome Arena. The beach is a short drive away, and the property offers convenient access to the 405, 105, and 110 freeways, making commuting and travel a breeze. Whether you're an investor seeking solid returns or an owner looking to live in one unit and rent out the others, this property checks all the b
This exceptional, newly constructed 4-unit apartment building offers a prime investment opportunity or an ideal owner/user scenario. Comprising two separate duplexesa front duplex built in 2018 and a back ADU duplex completed in 2024this property delivers strong cash flow with low maintenance. There is no need to worry about RENT CONTROL as the building is being offered 100% vacant, providing immediate occupancy or leasing flexibility. The front duplex features two spacious, townhouse-style units, each with 4 bedrooms and 3 bathrooms. These units offer large, open floor plans and high-end finishes throughout. The back duplex includes a 3-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, perfect for attracting quality tenants seeking modern living in a desirable location. Cap Rate of 6.3% and a GRM of 11.2, providing strong cash flow potential. They are individually metered for water, gas, and electricityensuring minimal owner responsibility for utilities. Mini split system for energy-efficient heating and cooling in each unit. Low-maintenance construction and finishes designed for durability and long-term performance. Located in a prime, centrally situated area, this property is just minutes from major landmarks such as LAX, SoFi Stadium, SpaceX headquarters, and the Intuit Dome Arena. The beach is a short drive away, and the property offers convenient access to the 405, 105, and 110 freeways, making commuting and travel a breeze. Whether you're an investor seeking solid returns or an owner looking to live in one unit and rent out the others, this property checks all the boxes. Dont miss out on this rare opportunity to acquire a modern, turnkey asset in one of the most dynamic and sought-after areas of Los Angeles. This is a REAR OPPORTUNITY - Schedule a showing today!

Location

State CA

County Los Angeles

Area Inglewood (90304)

Zoning Public Rec

Building

Lot Description Curbs

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

San Diego Regional MLS (SDMLS)
Listed by Ime Oduok • Equity Union

GET MORE INFORMATION

Julie Houston

Agent & Team Lead | License ID: 01248182

+1(760) 822-3339

5796 Armada Dr STE 250, Carlsbad, California, 92008, USA

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11031 Burin