14
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$3,799,000
Est. payment /mo
0.38 Acres Lot
Active
10720 Burin AVE Inglewood, CA 90304
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26206196
HOA Y/N No
Year Built 1963
Tax Year 2026
Lot Size 0.375 Acres
Property Sub-Type Multi Family
Property Description
10720 Burin Ave is a 22-unit multifamily investment opportunity in unincorporated Los Angeles. The two-story, 11,879 SF building wraps a gated central courtyard with 32 parking spaces on a 16,339 SF lot. The asset is 100% occupied with stable in-place income and clear upside, as current rents remain below market under LA County rent stabilization. A majority of units have been upgraded, allowing continued gains with limited capital. Approved plans and RTI permits are in place for two ADUs, 575 SF one-bedroom conversions of existing covered parking, with potential for three more; that income is not included in the financials. The property is master metered for electric, gas and water, with RUBS implementation underway to recover a portion of utility costs from tenants. It sits 1.5 miles from SoFi Stadium and Hollywood Park and three miles from LAX.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR3PY
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Community Features Park
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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
Listed by Gary Elminoufi Beach City Brokers 310-292-0332, DRE #01139207
NEARBY SCHOOL & BUSINESS
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