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$ 2,350,000
Est. payment /mo
Active
708 Burger Avenue East Los Angeles, CA 90022
8 Beds
4 Baths
10,625 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26128234
Bedrooms 8
Lot Size 10,625 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
708 Burger Ave presents an excellent opportunity to acquire an eight-unit apartment building in East Los Angeles. This well-kept asset offers reliable income and future growth potential in a high-demand rental market. The property benefits from additional parking income with four rented spaces and strong tenant demand due to its central location near amenities and transportation. With an estimated 5.87% cap rate and 12.44 GRM, this property provides a balanced investment with both cash flow and upside. A low-maintenance building suitable for investors looking to expand their portfolio in a proven rental area.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 710 South. Exit on Humphreys and left on Humphrey. Right on Burger.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5247001008
Acceptable Financing Exchange
Listing Terms Exchange
Listed by ROBERT E. SILVA, DRE#00860584 SILVA REAL ESTATE GRP.