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For SaleLuxury

$2,350,000

10,624 sqft$221/sqft148 days on market

708 Burger Avenue

East Los Angeles, CA 90022

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,624

Square feet

1972

Built

Listing narrative

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 agent (MLS): ROBERT E. SILVA · Listing brokerage (MLS): SILVA REAL ESTATE GRP.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,350,000

Beds

Beds n/a

Type

Condo

Home Size

10,624 sqft

Baths

Baths n/a

Lot Size

0.24 acres

Year

1972

Status

For Sale

Days on Market

148

$ / Sqft

$221

· 8% down, 7% APR, 30yr fixed
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Courtesy of SILVA REAL ESTATE GRP.