310-228-2122
8600 Burton Way, Los Angeles, CA for Sale
Apartments - FOR SALE
1/25
null | Request Cap Rate

8600 Burton Way
Los Angeles, CA 90048
Beverly Grove


HIGHLIGHTS

  • Superb Asset Quality in one of Los Angeles’s Best Neighborhoods
  • Immediate Upside Potential
  • No New Competing Supply Now & in the Future
  • Rare Opportunity to Acquire 80’s Vintage with an Attractive Unit Mix
  • Extremely Walkable Neighborhood: a seamless blend of convenience and leisure
  • Highly Amenitized, Prime Location

OVERVIEW

CBRE, as exclusive advisor, is pleased to offer the opportunity to acquire 8600 Burton Way, a boutique 19-unit apartment property located in the prestigious Beverly Grove neighborhood of Los Angeles. Constructed in 1988 and renovated from 2015-2021, this property features a desirable unit mix of 16% studio, 21% one-bedroom, and 63% two-bedroom apartments equipped with upscale appliances, modern finishes, in-unit washer/dryers, and vaulted ceilings on the top floor. Investors can enhance their returns by converting the current fitness room, which is in the same layout configuration as the studio unit above it, into an additional accessory dwelling unit (“ADU”).

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

19

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8600 Burton Way

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,018 SF

ZONING

R4-1

APN/PARCEL ID

4334-016-082

ASK ABOUT THIS PROPERTY

310-228-2122

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310-228-2122

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