10720 Burin Avenue Inglewood, CA $ 4,295,000
10720 Burin Avenue
$ 4,295,000
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10720 Burin Avenue

Inglewood, CA, 90304
$ 4,295,000
Bedrooms-- Baths1.0 Sq 11,879

Monthly Estimate*

$ 26,445

Listed by Beach City Brokers
10720 Burin Avenue, Inglewood, CA 90304 - Image 1
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10720 Burin Avenue, Inglewood, CA 90304 - Image 17

Commercial Property for sale in Inglewood, CA

for $4,295,000 with 1 full bath. This 11,879 square foot building was built in 1963 on a lot size of 0.3751.

22-unit multifamily turnkey asset priced at under $200k per unit, ideally positioned in unincorporated Los Angeles just 1.5-2 miles from SoFi Stadium, Intuit Dome, YouTube Theater, The Kia Forum, and Hollywood Park. Approved RTI permits are in place for 2 ADUs with potential for 3 more, and a Ratio Utility Billing System has been initiated allowing owners to recover a portion of utility expenses from tenants over time. Significant capital improvements have already been completed including new roofs, sewer lines, double-pane windows, water heaters, gutters, and central air and heat systems, allowing a new owner to step in with stable operations and minimal deferred maintenance from day one. The majority of units have updated kitchens and baths, and current rents are below market with a natural runway for growth through turnover. The property is fully gated across two buildings with 32 parking spaces. Located adjacent to Inglewood with LAX three miles away and major employers including SpaceX and Northrop Grumman within four miles.

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Commercial Active

Price

$ 4,295,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.3751

Year Built

1963

Town/City

Inglewood

County/Region

Los Angeles

MLS | Web ID

SB26109752

Days on Market

3

Features
General
Heating Central
Cooling Central Air
Security Features Security Gate
Year Built 1963
Property Subtype Multi Family
Current Use Multi-Family
Community Features Park
County Los Angeles
Net Operating Income 296579
Operating Expense 165841
Insurance Expense 15000
Property Type Commercial Sale
MaintenanceExpense 42500
Special Listing Conditions Standard
Status Active
Directions 1 Block West of Lennox Blvd and Hawthorne Blvd
City Inglewood
Number Of Units Total 22
MLS Area 105 - Lennox
Lot Size Units Square Feet
Lot Size Square Feet 16339
Number of Units Leased 22
Listing Terms 1031 Exchange Submit
Land Lease Y/N false
Electric Expense 38922
Trash Expense 635
Water Sewer Expense 15790
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Multi Family
Cap Rate 6.9
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Near Park Near Public Transit
Water Source Public
Total Parking 32
Lot Size Area 16339
Number of Buildings 1
Building Area Total 11879
Lot Size Acres 0.3751
Lot Size Source Assessor
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* Excluded Features
List By
Beach City Brokers

Broker

garyelmo@gmail.com

Email

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$26,445
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$26,445
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$4,295,000 Listed Price

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10720 Burin Avenue, Inglewood, CA, 90304 is a Commercial Property for sale at $4,295,000 with 11,879 sqft and a lot size of 0.3751. 10720 Burin Avenue has 1.0 baths and was built in 1963. The property's zip code is 90304 which is in Inglewood, CA