10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
10720 Burin AVE, Inglewood, CA 90304
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$ 3,799,000
Est. payment | /mo

0.38 Acres Lot


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$ 3,799,000
Est. payment | /mo
Save

0.38 Acres Lot

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gary Elminoufi Beach City Brokers 310-292-0332, DRE #01139207

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Dusty Mulhearn

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10720 Burin AVE

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