8614 Burton Way - Apartments FOR SALE
Los Angeles, CA 90048 |
8614 Burton Way
Los Angeles, CA 90048
HIGHLIGHTS
- Prime Burton Way location, steps from Cedars-Sinai Medical Center; “Walker’s Paradise” with a Walk Score of 92
- Built in 1989 (no city rent control); Legacy Assets: First time on market since construction
- Priced below replacement cost
- Value-Add Opportunity: Over $1,300/unit/month in rental upside
- Part of The Burton Way & Swall Portfolio: 75 units; three properties (can be purchased together or individually)
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
18 Units on Famed Burton Way | Built 1989
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
18817
STORIES
4
YEAR BUILT
1989
PARKING SPACES
33
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
4334-016-007
