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Ten-Unit Apartment Building
For Sale
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4312 Burns Ave, Los Angeles, CA 90029

Three detached buildings offer one-bedroom residences around a gated courtyard near Virgil Village and Silver Lake.

Property SizeContact for details
Lot Size0.22 Acres
Days on Market144

Property Features for 4312 Burns Ave

General Information

Standard status Active
Lot size 0.22 Acres
Property subtype Multifamily

Units

Unit Mix 10 x 1BR/1BA
Multifamily Units 10

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1923
Buildings 3
Listing Agency: Marcus & Millichap - Encino
Listed By: Jason Tuvia · License #CA 01772495
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Constructed in 1923, this apartment property comprises ten one-bedroom, one-bathroom units distributed among three detached buildings on a 9,570-square-foot lot. A gated entry leads to a central courtyard, while individual water heaters and copper plumbing serve the residences. The property also carries Tier 3 TOC development incentives and is located within an opportunity zone with tax benefits.

The address is in Virgil Village, one block outside Silver Lake, west of North Virgil Avenue and south of Santa Monica Boulevard. Residents can walk to nearby restaurants, retail, and entertainment venues, including Alma’s Cider & Beer, Bolita, Virgil Normal, Erewhon Market, The Black Cat, Bacari Silverlake, Bar Bacari, and Pine and Crane. Bellevue Recreation Center and Park is less than half a mile away.

Key Highlights

  • 10 one‑bedroom / one‑bathroom units
  • Three detached buildings on a 9,570 square foot lot
  • Built in 1923

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Travel Agency Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

2,251
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three detached buildings offer one-bedroom residences around a gated courtyard near Virgil Village and Silver Lake.
Where is this apartment building located?
The property is located at 4312 Burns Ave Los Angeles, CA.
What are key features of this property?
This property features: 10 one‑bedroom / one‑bathroom units; Three detached buildings on a 9,570 square foot lot; Built in 1923
(818) 212-2700 Call to check price and availability
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