Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

4,946 sqft

Lot size

5,891 sqft

Year built

2017

Stories

2

Garage spaces

0

Style

Spanish

Heating

Central

Pool

None

View

City Lights

Status

Active

Days on market

77

MLS #

244834227

About this property

RARE FOUR-UNIT INVESTMENT OPPORTUNITY IN INGLEWOOD FEATURING NEWER CONSTRUCTION, INCLUDING TWO REAR UNITS COMPLETED IN 2025. The property offers approximately 4,946 square feet of living area, oversized floor plans, strong rental appeal, and four separately addressed residences.A major advantage is the property's newer construction profile, including the two rear units completed in 2025, offering investors the opportunity to acquire a more modern multifamily asset with potentially reduced near-term maintenance and capital expenditure requirements compared with much of the surrounding older inventory.The property features spacious residences with functional open layouts, large bedrooms, contemporary kitchens with quartz countertops and abundant cabinetry, primary suites, walk-in closets, in-unit laundry areas, and generous storage. Additional improvements include an automatic gated driveway and ample on-site parking.The property also benefits from separate utility configuration, with individual water, gas, and electric meters serving the residences, helping minimize owner-paid utility expenses. Tenants currently pay their own utilities.One of the larger 4-bedroom/3-bath units is expected to become available October 1, creating an additional opportunity for a potential owner-occupant buyer who may wish to live in the property while benefiting from rental income from the remaining units.Ideally positioned near SoFi Stadium, Intuit Dome, Hollywood Park, LAX, Metro transit, major employment centers, shopping, dining, and freeway access, the property benefits from continued investment and demand throughout the Inglewood area.Four separate addresses: 11031, 11031 1/2, 11033 and 11033 1/2 S Burin Avenue.An excellent opportunity for a 1031 exchange buyer, long-term multifamily investor, portfolio owner, or owner-occupant seeking newer construction and income potential in the Inglewood market. Offering Memorandum, rent roll, and additional financial information available upon request. Buyer to independently verify all property information, income, expenses, square footage, permits, zoning, and unit details.

Location

11031 S Burin Avenue

Inglewood, Los Angeles, CA, 90304