Property History
This offering presents the opportunity to purchase a unique, turnkey 9-unit asset that has been meticulously owner operated long-term. This property features newer central AC’s for all units, newer soundproofed windows, new exterior paint, fixtures, and more upgrades.This property operates at 100% occupancy with very high tenant-retention and all tenants paying near market rates. This property has historically required little to no maintenance.
This offering presents the opportunity to purchase a unique, turnkey 9-uni asset that has been meticulously owner operated long-term. This property features newer central AC’s for all units, newer soundproofed windows, new exterior paint, fixtures, and more upgrades.This property operates at 100% occupancy with very high tenant-retention and all tenants paying near market rates. This property has historically required little to no maintenance.
- New Central AC & Heating per unit
- New Sound Proof Windows
- New Panels & Meters
- New Washer & Dryer
Marcus & Millichap is pleased to present to market 10934 Burin Avenue, a nine-unit apartment building in Inglewood, California. With current rents more than 50 percent below market, this offering presents an excellent opportunity for an investor to add value and capture huge potential upside in rents.
10934 Burin Avenue consists of a two-story 1961 construction building with eight one-bed/one-bath units and one two-bed/one-bath unit. All units are separately metered for gas and electricity. The property also offers carport and tuck-under parking with storage, as well as on-site laundry.
Making it a great option for commuters, the property is located conveniently near the 405 and 105 freeways and just a quarter-mile from the Hawthorne/Lennox Station of the Metro Green Line, which runs between Redondo Beach and Norwalk. Additionally, 10934 Burin Avenue is less than two miles from the new NFL stadium.
- Value-Add Opportunity With Over 50 Percent Rental Upside
- 1961 Construction With Eight One-Bed/One-Bath Units and One Two-Bed/One-Bath Unit
- Carport and Tuck-Under Parking With Storage
- On-Site Laundry
- Commuter-Friendly Location Near the 105 and 405 Freeways and the Metro Green Line
Loan History
Financial History
Tax History
Contact Information
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