Back to Search
Property profile & analytics
FOR SALE
Apartment buildings
10720 Burin Ave Inglewood, CA 90304
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7410325
For Sale
1 / 20
$3,995,000
10720 Burin Ave, Inglewood, CA 90304
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Total area
11,879 SF
Lot
0.38 ac (16,339 SF)
Zoning code
LCR3PY
APN
4036-017-025
UPID
US09-7410325
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$2.22M
Owner & transaction history
Racc Properties LLC · 14 yrs held
Racc Properties LLC
since 2011
7 recorded transactions
Zoning & alternative use
LCR3PY · Inglewood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.7M
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Inglewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inglewood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,450,000
6.5%
$2,265,000
7%
$2,100,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,555,000
Current use
INDUSTRIAL (GENERAL)
$3,650,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.22M
Range $2.00M – $2.44M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$187 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$51,325
Tax year 2024
Assessed value
$2,481,372
Assessed 2024
Previous assessed
$2,481,372
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$1,723,995
Assessed improvement
$757,377
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1963
Heating
NONE
Cooling
YES
Units
22
Bathrooms
22
Total area
11,879 SF
Lot
0.38 ac (16,339 SF)
Zoning code
LCR3PY
APN
4036-017-025
UPID
US09-7410325
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3PY · Inglewood, CA
Zoning LCR3PY · permitted uses
LCR3PY · Inglewood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inglewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.6M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Cooling
Yes
Units
22
Bathrooms
22
Lot
0.38 ac
Current owner
From public records · entity-resolved
Racc Properties LLC
Entity
Mailing address
PO BOX 341896, AUSTIN, TX 78734-0032
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2016
—
Racc Properties LLC
—
Deed
related
$925,000 · Jpmorgan Chase Bank NA
Dec 22, 2011
$2,000,000
Racc Properties LLC
A & M Burin LLC
Grant Deed
—
Jul 26, 2007
$1,900,000
A & M Burin LLC
J & O Trust
Grant Deed
—
Feb 7, 2007
—
J & O Trust
Oblak,joseph S
Quit Claim Deed
related
—
Feb 26, 1971
$58,000
Joseph S Oblak
—
Grant Deed
related
—
—
—
Joseph S Oblak
—
Deed Of Trust
related
$200,000 · Chernoff Trust
—
—
Joseph S Oblak
—
Deed Of Trust
related
$550,000 · Hayward Scott H Trust
—
—
A & M Burin LLC
—
Deed Of Trust
related
$1,500,000 · Pacific Mercantile Bank
—
—
Joseph S Oblak
—
Deed Of Trust
related
$500,000 · Pacific Premier Bank
—
—
Joseph S Oblak
—
Deed Of Trust
related
$1,412,000 · United Commercial Bank
Feb 23, 1966
—
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
