$687,357
SOLD NOV 1, 2024
2 Beds
-- Bath
1,262 Sq Ft
5,450 Sq Ft Lot

Recently Sold

$545 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

As of November 2024

Opportunity knocks! Situated on a centrally located 5,450 sqft lot with R3 zoning, this detached duplex offers endless possibilities—enjoy as an owner-user or an investment with the potential of additions and expansion. Each unit features its own address (10714 Burin-front unit & 10712 Burin-back unit), separate entrance, no shared walls, and large covered storage structures. Both homes consist of 1 bedroom/1 bathroom, in-unit laundry, ample living space, and private outdoor areas. Additionally, there is an 8’ x 14’ storage shed perfect for all gardening and maintenance tools. The rear unit includes alley access with a long driveway providing three parking spaces. Both freshly painted units have undergone valuable upgrades including fulfillment of the LAX Sound Abatement Program, replacement of the water main, replacement of galvanized pipe with copper, installation of a new concrete block wall (north side), and a sprinkler system in front lawn. This prime location boasts everything you need: dining, shopping, entertainment, easy access to freeways, near LAX, and close proximity to Los Angeles’ premier attractions: the world-renowned SoFi Stadium; The Forum; Intuit Dome (future home of the LA Clippers); the legendary Hollywood Park featuring 25 acres of parks, promenades, and trails for leisure & recreation, and so much more. Don’t miss this incredible investment opportunity in the lively and thriving City of Inglewood!

Last Agent to Sell the Property

Tiffany McGuinness

Estate Properties Brokerage Phone: 3105257653 License #01947654 Listed on: 08/22/2024

Last Buyer's Agent

Helen Qi

West Shores Realty, Inc. License #01926488

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1959

Lot Details

  • 5,450 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2 Bedrooms
  • 1,262 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 7119
  • Assessor Parcel Number 4036017016
  • $1,880 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $540
  • Operating Expense $1,740
  • Gross Income $46,800
  • Net Operating Income $45,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 362500
  • Property Attached: No
  • Zoning: LCR3PY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4036017016
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 544.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5450.00
  • Lot Size Acres: 0.1251

Multi Family

  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5450.0000 Square Feet
  • Net Operating Income: 45060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1740.00
  • Rent Control: Yes
  • Total Expenses: 1740.00

Tax Info

  • Tax Census Tract: 6018.02
  • Tax Lot: 24
  • Tax Tract Number: 7119
  • TaxOtherAnnualAssessmentAmount: 1880.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Sep 17, 2024
Sold by
Cox-Bean Family Trust and Cox Jeffrey E
Bought by
Qi Yi and Yang Muyi
Seller's Agent
Tiffany McGuinness
Estate Properties
Buyer's Agent
Helen Qi
West Shores Realty, Inc.
List Price
$725,000
Sold Price
$687,357
Premium/Discount to List
-$37,643
-5.19%
Views
46
Current Estimated Value
$699,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,840
Avg. Annual Appreciation
0.82%
Original Mortgage
$481,100
Outstanding Balance
$476,284
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$215,709

Purchase Details

Closed on
Jun 19, 2023
Sold by
Cox Jeffrey Elton
Bought by
Cox-Bean Family Trust and Cox

Purchase Details

Closed on
Apr 7, 1994
Sold by
Cox Jeffrey Elton
Bought by
Cox Jeffrey Elton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.59%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $687,500 First American Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $481,100 New Conventional
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $687,357 -5.2% $545 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $725,000 -- $574 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,588 $687,500 $600,000 $87,500
2024 $4,588 $195,195 $95,643 $99,552
2023 $4,331 $191,368 $93,768 $97,600
2022 $4,248 $187,617 $91,930 $95,687
2021 $4,076 $183,939 $90,128 $93,811
2020 $3,891 $182,054 $89,204 $92,850
2019 $3,651 $178,485 $87,455 $91,030
2018 $3,495 $174,987 $85,741 $89,246
2016 $3,218 $168,194 $82,412 $85,782
2015 $3,144 $165,669 $81,175 $84,494
2014 $3,136 $162,424 $79,585 $82,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24174078

California Regional Multiple Listing Service (CRMLS)

APN: 4036-017-016