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Listed by ROBERT E. SILVA, DRE #00860584 • SILVA REAL ESTATE GRP.
$ 2,350,000
Est. payment /mo
Active
708 Burger AVE East Los Angeles, CA 90022
10,625 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26128234
Year Built 1972
Lot Size 10,625 Sqft
Source California Regional MLS
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
Area Ela - East Los Angeles
Interior
Heating Wall Furnace
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5247001008
Special Listing Condition Not Applicable
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