$1,960,000
11031 Burin Inglewood, CA 90304
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Listed by Ime Oduok • Equity Union
$1,960,000
Est. payment /mo
4,947 SqFt
OPEN HOUSE
Sun Nov 24, 1:00pm - 4:00pm
UPDATED:
11/21/2024 09:25 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,947 sqft
Price per Sqft $396
MLS Listing ID CRSB24230876
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2018
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 duplexes—a front duplex built in 2018 and a back ADU duplex completed in 2024—this 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 electricity—ensuring 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 In
Location
State CA
County Los Angeles
Interior
Heating Central
Flooring Laminate
Fireplace No
Laundry Other, Inside
Exterior
View None
Building
Lot Description Other, Front Yard, Paved
Water Public
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