
Inglewood, California 90304
Analysis of 11308 Burin Avenue, Inglewood, California 90304 is currently available with a list price of $1,099,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Inglewood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1959 (65+ years old) and, while it features a newer roof and sewer lines, the lack of interior photos and the mention of 'rental upside' typically indicate dated kitchens and bathrooms that are likely 20+ years old. The exterior shows signs of deferred maintenance and heavy clutter, but the property remains functional and fully occupied, fitting the 'Fair' criteria for dated units needing updates.
Located near SoFi Stadium and Intuit Dome, the property is perfectly positioned to benefit from high rental demand and appreciation driven by the 2027 Super Bowl and 2028 Olympics.
The asset is fully occupied with a favorable utility structure where tenants pay most costs, ensuring immediate income and low operating expenses for the investor.
Recent investments in the roof and sewer lines mitigate major immediate capital expenditure risks, providing peace of mind regarding the property's core structural integrity.
Originally constructed in 1959, the property may necessitate higher long-term maintenance reserves for aging systems not covered by recent improvements.
Being fully occupied with long-term tenants may limit the immediate ability to perform comprehensive interior renovations or achieve market-rate rent adjustments in the short term.
Cash flow from day one! This fully occupied four-unit investment opportunity near Inglewood and Hawthorne offers stable occupancy, strong in-place income, and future upside potential. The property features a balanced unit mix of two 2-bedroom units and two 1-bedroom units, with long-term tenants and recent rent increases supporting consistent performance. Tenants are responsible for most utilities, helping keep operating expenses low, while recent roof and sewer improvements strengthen the property’s overall condition and long-term investment appeal. Ideally located near SoFi Stadium, Intuit Dome, the Kia Forum, YouTube Theater, LAX, major employment centers, shopping, dining, and convenient access to the 405 and 105 freeways. With Super Bowl LXI coming to SoFi Stadium in 2027 and the opening and closing ceremonies of the 2028 Olympic and Paralympic Games planned for Inglewood, the area is well positioned for continued investment, growth, and rental demand. With low operating expenses, recent capital improvements, and additional rental upside, this property presents a compelling opportunity for investors seeking a stable multifamily asset in a high-demand location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 10.0 |
| Baths | 0.0 | 7.0 |
| Square foot | 2,567 | 4,164 |
| Lot Size | 6,406 | 5,604 |
| Price | $1.10M | $1.17M |
| Price per sq ft | $428 | $789 |
| Built year | 1959 | 1989 |
| HOA | $0 | $0 |
| Days on market | 5 | 115 |
Jul 17, 2026
$1,099,000
Initial Listing
May 5, 2017
$685,000
Public Record
Mar 23, 2005
$557,000
Public Record
Jun 30, 1994
$160,000
Public Record