10907 Burin Avenue

    Inglewood, CA 90304
    • $1,799,999
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: PW20067964
    UPDATED: 55 min ago
    $1,799,999
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,346
      SQFT
    • $337
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1943
    County:
    Area:

    School Ratings & Info

    Description

    NEW CONSTRUCTION of a 5 unit property in the city of Inglewood! Centrally located about a mile away from the new Rams stadium and NFL headquarters! This amazing property is being built from the ground up and is located in an Opportunity Zone. These areas provide amazing tax incentives for investors! This investor friendly opportunity will be delivered with three vacancies! This property consists of 4 units plus a permitted ADU. All 4 of the units have separate water, gas, and electric meters. The unit breakdown is as follows: 10907 is 4 bed/2baths, 10907 1/2 is 4 bed/3baths, 10909 is 3 beds/2baths, 10909 1/2 (ADU) is 2beds/1bath, and 10911 is 3 beds/den/2baths. Property also comes with 6 garages. All units are under construction and completion is scheduled by or before June 1st, 2020. CAP rate is over 6.4%

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T20:30:01.257. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/104772250

    10907 Burin Avenue Inglewood, CA 90304

    • Price: $1,799,999
    • Status: Active
    • Updated: 55 min ago
    • ID#: PW20067964
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    5,346
    SQFT
    $337
    $/SQFT
    1943
    Built
    Neighborhood:
    105 - Lennox
    County:
    Los Angeles
    Area:
    105 - Lennox
    Property Description
    NEW CONSTRUCTION of a 5 unit property in the city of Inglewood! Centrally located about a mile away from the new Rams stadium and NFL headquarters! This amazing property is being built from the ground up and is located in an Opportunity Zone. These areas provide amazing tax incentives for investors! This investor friendly opportunity will be delivered with three vacancies! This property consists of 4 units plus a permitted ADU. All 4 of the units have separate water, gas, and electric meters. The unit breakdown is as follows: 10907 is 4 bed/2baths, 10907 1/2 is 4 bed/3baths, 10909 is 3 beds/2baths, 10909 1/2 (ADU) is 2beds/1bath, and 10911 is 3 beds/den/2baths. Property also comes with 6 garages. All units are under construction and completion is scheduled by or before June 1st, 2020. CAP rate is over 6.4%
    Exterior Features

    Foundation Details RaisedSlab Garage Spaces 6.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Dual Cooling YN Yes Heating Combination Heating YN Yes Laundry Features Inside Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.40 Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 175200.00 Gross Scheduled Income 175200.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 128160.00 New Construction YN Yes New Taxes Expense 1000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 47040.00 Professional Management Expense 0.00 Property Condition Under Construction Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 47040.00 Trash Expense 1200.00 Water Sewer Expense 720.00 Water Source Private Year Built Source Builder Zoning Lcr3yy

    Listing provided courtesy of Sergio Orzynski of Keller Williams Pacific Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-06-03T20:30:01.257. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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