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$2,350,000

FOR SALE
Active

708 Burger Avenue

East Los Angeles, CA

MLS# WS26128234

Apartment
148 days on marketNalren refreshed

Listing Agent

ROBERT E. SILVA

Listing Agent

SILVA REAL ESTATE GRP.

DRE #: 00860584

(323) 251-1975

Brokerage: SILVA REAL ESTATE GRP.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1972

Year Built

0.24 acres

Lot Size

N/A

Price/Sq Ft

8

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
Front Yard

Building

Year Built
1972
Building Area Total
6,014
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
8
Parking Features
Assigned
Parking Total
8

Community / HOA

HOA
No
Association Fee
$0

Sale history for 708 BURGER Avenue

  • Sold $2,000,000 in March 2018 · MLS #17293684 · Source: CRMLS
  • Sold $1,250,000 in March 2016 · MLS #DW15245742 · Source: CRMLS

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