8-Unit Apartment
708 Burger Avenue, East Los Angeles, CA 90022
For Sale
$2,350,000
Four parking spaces are rented, providing a separate income component alongside the apartment units.
Property SizeContact for details
Days on Market150
Property Features for 708 Burger Avenue
General Information
Standard status
Property subtype
Financials
Cap Rate
Gross Rent Multiplier
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Buildings
Listing Agency:
SILVA REAL ESTATE GRP.
Listed By:
ROBERT E. SILVA · License #00860584
(323) 251-1975
Source:
Mattrothrealtor
Added: Jun 11
Changed: Nov 7
Last Checked: Nov 6 at 2:01PM
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 SILVA REAL ESTATE GRP.
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Investment Insights
Based on property information with market context.
This East Los Angeles apartment property contains eight units. Four parking spaces are rented, creating an additional income stream distinct from the apartments. The stated investment metrics are a 5.87% cap rate and a 12.44 GRM.
The property is at 708 Burger Avenue in East Los Angeles, California. Nearby amenities and transportation are noted as part of its surrounding context.
The property is at 708 Burger Avenue in East Los Angeles, California. Nearby amenities and transportation are noted as part of its surrounding context.
Key Highlights
- Eight‑unit apartment building
- Four rented parking spaces
- 5.87% cap rate
Property Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four parking spaces are rented, providing a separate income component alongside the apartment units.
Where is this apartment building located?
The property is located at 708 Burger Avenue East Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Eight‑unit apartment building; Four rented parking spaces; 5.87% cap rate
