new - 7 days on rocket

11031 Burin Unit 4, Inglewood, CA, 90304

$1,899,900

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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11031 Burin Unit 4, Inglewood$1,899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Site
Year BuiltNew Const., 2018
HeatingCentral
FireplaceNone
ViewNone
MLS #SB24230876
Lot Size0.13 Acres
StatusActive

About 11031 Burin Unit 4

This exceptional, newly constructed 4-unit apartment building offers a prime investment opportunity or an ideal owner/user scenario. Comprising two separate duplexes—a front duplex built in 2018 and a back ADU duplex completed in 2024—this 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 electricity—ensuring 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. Don’t 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 REAR OPPORTUNITY - Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 2

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (310) 291-6466
  • Listing Agent: Ime Oduok

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: On Site

Lot Features

Lot Information:

  • Lot: Front Yard, Paved
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: West of Prairie and North of Inglewood

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,900
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Housing Market Comparison

See how this home compares to others in Inglewood, CA.

Med. Sold Price

$730K

Med. Price/SqFt

$518

Avg. Days On Market

63

# of Sold Homes

27

11031 Burin Unit 4 vs Inglewood

7 DAYS ON ROCKET

-56 Days

$1,899,900

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Inglewood, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24230876

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (310) 291-6466
  • Listing Agent: Ime Oduok

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-433884
5
/10
  • Moffett Elementary

  • 11050 Larch Ave

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-433885
6
/10
  • Jefferson Elementary

  • 10322 Condon Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-433886
7
/10
  • Huerta Elementary

  • 4125 W 105th St

  • 0.60 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,365. The most common annual income of people living in Inglewood, CA is between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyInglewood9030411031 Burin Unit 4

This home is located at 11031 Burin Unit 4 in Inglewood, CA and zip code 90304 in the Lennox neighborhood. This home, which was built in 2018, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $1,899,900.

In October 2024, from all listings sold in Inglewood, CA there were more than 4 sold above asking price, over 17 sold below and more than 6 were sold right at the asked price. Between September 2024 and October 2024, Inglewood, CA real estate market has seen decrease in the number of listings by 4.2%. In October 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $730,000.

From Rocket Homes Real Estate and based on county public records data.

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