NOT LISTED FOR SALE

10701 S Burin Ave Inglewood, CA 90304

Lennox Neighborhood
11 Beds
9 Baths
5,905 Sq Ft
8,005 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $1,700,000 $288 Per Sq Ft

6 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2021

Excellent 9 Unit Investment Opportunity located on the heart of the South Bay located just 7 minutes to SoFi Stadium!!! This property boast an over 80 walkability score in walkscore.com. The property features a terrific mix of units. 4 One Bedroom Units, 3 Single Units, and 2 Two Bedroom Units.
The units have been maintained very well and the exterior of the building has just been painted. Take notice of the wonderful family friendly neighborhood complete with nearby restaurants, shops, schools, and local highway's.

Last Agent to Sell the Property

Gustavo Cardenas

Berkshire Hathaway HomeService License #01409315 Listed on: 06/17/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Gustavo Cardenas

Berkshire Hathaway HomeService License #01409315 Listed on: 06/17/2021

Berkshire Hathaway HomeService

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $25,000

Year Built

  • Built in 1963

Lot Details

  • 8,005 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • 5,905 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 28
  • Tax Tract Number 288
  • Assessor Parcel Number 4036019011

Community Details

Building Details

  • 9 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 9 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $3,840
  • Maintenance Expense $10,000
  • Professional Management Expense $6,600
  • Trash Expense $1,000
  • Operating Expense $22,040
  • Gross Income $55,860
  • Net Operating Income $52,460

Additional Features

  • 9 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$25,000

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 6600.00
  • Property Attached: No
  • Zoning: LCR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 4036019011
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 287.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8005.00
  • Lot Size Acres: 0.1838

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 55860.00
  • Gross Scheduled Income: 113400.00
  • Insurance Expense: 3840.00
  • Laundry Income: 2000.00
  • Lot Size Area: 8005.0000 Square Feet
  • Maintenance Expense: 10000.00
  • Net Operating Income: 52460.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 57540.00
  • Rent Control: Yes
  • Total Actual Rent: 11340.00
  • Total Expenses: 22040.00

Tax Info

  • Tax Census Tract: 6018.02
  • Tax Lot: 28
  • Tax Tract Number: 288
  • Tax Annual Amount: 25000.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,700,000 +6.3% $288 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,599,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gustavo Cardenas

    Seller's Agent in 2021

    Gustavo Cardenas

    Berkshire Hathaway HomeService

    (310) 447-4771

    1 in this area

    115 Total Sales

    Gustavo Cardenas
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21131814

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Inglewood 90304 Lennox

10701 S Burin Ave, Inglewood, CA

This home is located at 10701 S Burin Ave, Inglewood, CA 90304 since 17 June 2021. This property was built in 1963. 10701 S Burin Ave is a home located in Los Angeles County with nearby schools including Jefferson Elementary School, Lennox Middle School, and Hawthorne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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