Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11031 Burin Avenue, Inglewood, CA 90304
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    11031 Burin Avenue
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    • MLS#: SB24230876 ( Quadruplex )
    • Street Address: 11031 Burin Avenue
    • Viewed: 22
    • Price: $1,960,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2018
    • Bldg sqft: 0
    • Days On Market: 147
    • 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 RARE 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
    Days On Market
    1. 51
    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
    Views
    1. 22
    Water Source
    1. Public
    Year Built
    1. 2018
    Year Built Source
    1. Public Records
    Zoning
    1. LCR3YY
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836