11031 Burin , Inglewood, CA 90304
  • MLS#: SB24230876 ( Quadruplex )
  • Street Address: 11031 Burin
  • Viewed: 1
  • Price: $1,899,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2018
  • Bldg sqft: 0
  • Days On Market: 8
  • Additional Information
  • County: LOS ANGELES
  • City: Inglewood
  • Zipcode: 90304
  • Provided by: Equity Union
  • Contact: Ime Ime
  • California Regional MLS IDX
  • DMCA Notice
  • 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 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!
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Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 4947.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Fireplace Features
  1. None
Flooring
  1. Laminate
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 3463.00
Laundry Features
  1. Inside
  2. Outside
Levels
  1. Two
Lockboxtype
  1. Combo
  2. Supra
Lot Dimensions Source
  1. Builder
Lot Features
  1. Front Yard
  2. Lot Over 40000 Sqft
  3. Paved
  4. Yard
Netoperatingincome
  1. 119952.00
Parcel Number
  1. 4037014013
Parking Features
  1. On Site
Pool Features
  1. None
Postalcodeplus4
  1. 2327
Property Type
  1. Quadruplex
Property Condition
  1. Turnkey
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 426940155:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 45336.00
Trash Expense
  1. 144.00
Utilities
  1. Electricity Available
Vacancyallowance
  1. 5112
View
  1. None
Water Source
  1. Public
Year Built
  1. 2018
Year Built Source
  1. Public Records
Zoning
  1. LCR3YY