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Image 1 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 2 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 3 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 4 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 5 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 6 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 7 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 8 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Image 9 - 10720 Burin Ave, Inglewood, California, 90304 - House for sale
Burin Ave, Inglewood, Home For Sale
10720 Burin Ave, Inglewood, California, 90304

Burin Ave, Inglewood, Home For Sale

house for sale
Listed: 08/05/24

10720 Burin Ave, Inglewood, California, 90304

32 Bed:
22 Bath:
11,879 Sq Ft Living Area:
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Price
$ 4,3M

About This House

22-unit building located 1.5-2 miles from SoFi Stadium, The Forum, and Hollywood Park in an unincorporated part of Los Angeles. This property offers strong cash flow with a9.73 GRMand an 4.77% cap rate. Priced at$195, 227per unit, it has significant upside potential. Recent updates within the last 5 years include new roofs, sewer lines, double-pane windows, water heaters, gutters, and central air/heat. 18 of the 22 units have updated kitchens, and some featuring updated baths. Fully occupied, the property offers 32 gated parking spots. Potential to add 4 ADUs (BTV). Ratio Utility Billing System (RUBS) has been initiated for 3 units that currently qualify. Ideal for investors seeking rental income growth in a rapidly developing area.

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Lennox Housing & Living

Average sale prices for houses

3 bed
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In August 2024, the asking price for 3 bed houses for sale in/near Lennox, Inglewood, United States averaged $812,881, a decrease of 13.9% from the previous month.
Median price trends for properties for sale in Lennox, Inglewood, United States as of August 2024.

Household Income

Median household income: $46,389
Number of households: 36,481
The average household income in Inglewood, CA grew from $44,377 to $46,389 in the past year. This data is an estimate based upon 36,481 households in Inglewood, CA.
The chart below presents how household income is distributed in Inglewood, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Inglewood, CA compared to median property taxes around the country. The prevalent amount of property taxes in Inglewood, CA equals $3k+ , which is more than the national average.