SILVA REAL ESTATE GRP.
Listed by SILVA REAL ESTATE GRP.
$2,350,000
708 Burger Avenue
Details
APN 5247001008
Property Type Multifamily
Sub Type Apartment Building
Units 8
Buildings 1
Acreage 0.244
Zoning Assessor
Multifamily | 8 Units
Marketing 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.
Listing Contacts
SILVA REAL ESTATE GRP.
Listed by SILVA REAL ESTATE GRP.
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