$2,300,000

4342 Burns Avenue, Los Angeles, CA 90029

9,577

Lot Size

12

# Of Units

Constructed in 1924 on 9,577 square foot LARD1.5 lot, and comprised of five separate buildings, 4342-4346 Burns Avenue is a 12-unit property with a total building size of 5,386 square feet. The gated property is serviced by individual water heaters and separately metered for gas and electric. The property is being offered for sale for the first time in 30 years. With rents approximately 76% below market, a new owner is presented with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations.

Facts & Features

MLS® # 21105295
Price $2,300,000
Bathrooms 0.00
Lot Size 9,577
Year Built 1924
Type Residential Income
Status Active
# Of Units 12

Community Information

Address 4342 Burns Avenue
Area C21 - Silver Lake - Echo Park
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Parking None
Garages None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Tile
Heating Wall Furnace
Has Basement No
Fireplace No

Exterior

Exterior Other, Plaster
Construction Other, Plaster

Additional Information

Date Listed November 18th, 2021
Days on Market 18
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentPriscilla Nee
OfficeCB Richard Ellis, Inc.

Listing Map

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