CA > Inglewood
Inglewood, CA 90304,11031 Burin #4
Inglewood, CA 90304,11031 Burin #4
Inglewood, CA 90304,11031 Burin #4
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,960,000
Est. payment /mo
5,810 Sqft Lot
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OPEN HOUSE

Sun Nov 24, 1:00pm - 4:00pm

UPDATED:

11/21/2024 01:34 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24230876

Construction Status Turnkey

HOA Y/N No

Year Built 2018

Lot Size 5,810 Sqft

Lot Dimensions Builder

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 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. Don’t 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 105 - Lennox

Zoning LCR3YY

Interior

Heating Central

Flooring Laminate

Fireplaces Type None

Fireplace No

Laundry Inside, Outside

Exterior

Garage On Site

Pool None

Community Features Curbs

Utilities Available Electricity Available

View Y/N No

View None

Private Pool No

Building

Lot Description Front Yard, Lot Over 40000 Sqft, Paved, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 4037014013

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Ime Oduok • Equity Union • 310-291-6466

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