FOR SALENew Listing
708 Burger Avenue
East Los Angeles, CA 90022
10,625 Lot Sq Ft
Built 1972
$2,350,000
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1972
- Lot size
- 10,625 sq ft
- Parking
- 8 spaces
- Garage
- 8 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Zoning
- LCR3*
Features & Amenities
Parking
- Assigned
Pool
- None
Lot
- Front Yard
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 708 Burger Avenue
Property type: Residential Income
The current asking price is $2,350,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 708 Burger Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1972. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in East Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this East Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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