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Active 0 days on market

708 Burger Avenue

East Los Angeles, CA 90022

$2,350,000

708 Burger Avenue
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+11 more
Beds
Baths
Sq Ft
0.24Acres
1972Built
8Garage

About This Home

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.

Property Details

Property TypeApartment
Year Built1972
Lot Size0.24 acres
Garage Spaces8
Parking Total8
HeatingWallFurnace
PoolNo
MLS #1174273992
Days on Market0 days

Location

Listed by

ROBERT E. SILVA

SILVA REAL ESTATE GRP.

MLS# W76449

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

708 Burger Avenue | East Los Angeles, CA | Leeper Realty Group