10720 Burin Inglewood, CA 90304, Inglewood , 90304
Listing ID: SB23051712
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$4,595,000
Price
11879
Sq. Ft.
Built: 1963
Listed: 1 year ago
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Property Description

22 units situated in a rapidly developing area, popular for entertainment and close to SoFi Stadium, The Kia Forum, and Hollywood Park just 1.5-2 miles away! Located in an unincorporated area of Los Angeles, NOT subject to rent control. With some TLC and additional upgrades, the new owner can bring this building to market rents and potentially add 4 ADUs (buyer to verify), resulting in a combined gross income of over $550k per year. The property has been updated within the last 5 years and now boasts newer roofs, sewer lines, double-pane windows, water heaters, gutters, and central air/heat. Additionally, 18 of the 22 units feature new kitchens and some with updated baths. The property is currently fully occupied and gated parking, including 32 spots, is available. This property presents an ideal investment opportunity in a sought-after location, with high potential for rental income growth.

Other located at 10720 Burin Inglewood, CA 90304. The property was built in 1963. 10720 Burin Inglewood, CA 90304 is in the Inglewood neighborhood.
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Listed by: Beach City Brokers Beach City Brokers

Mortgage Estimation Calculate Your Own

20% down payment
$16,099
per month
35% down payment
$13,081
per month
50% down payment
$10,062
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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GM
Gary M Elminoufi
(310) 543-3536

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GM
Gary M Elminoufi
(310) 543-3536
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment