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1707 S Burnside Ave 1707 S Burnside Ave 4 Unit Apartment Building $3,195,000 ($798,750/Unit) 5.77% Cap Rate Los Angeles, CA 90019



INVESTMENT HIGHLIGHTS
- 8 Parking Spaces
- Tenants pay utilities
- Spacious, modern layouts
EXECUTIVE SUMMARY
1707 S Burnside Avenue is a collection of four brand-new townhouse-style apartments situated in a vibrant part of Los Angeles. Each home showcases contemporary architectural design, open floor plans, and high-quality finishes that blend style and functionality throughout. Thoughtful attention to detail in both construction and layout ensures that every unit maximizes space and natural light while maintaining a sleek, modern aesthetic. The property includes two 4-bedroom, 4.5-bath homes, one 4-bedroom, 4-bath home, and one 3-bedroom, 3-bath home. Each unit features stainless steel appliances, in-unit washer and dryer, Spanish-tiled bathrooms, two dedicated parking spaces, and private balconies, offering a seamless combination of indoor and outdoor living. The designs create clear separation between living, dining, and bedroom areas, providing both comfort and privacy. Open layouts, contemporary finishes, and abundant natural light make each home a distinctive example of modern Los Angeles living. As a newly constructed building, 1707 S Burnside Avenue combines low-maintenance reliability with thoughtfully executed design, offering a cohesive collection of homes that highlight functional living spaces, stylish details, and modern conveniences—making it a notable addition to the neighborhood and a strong representation of contemporary townhouse living in Los Angeles.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$239,160
|
$35.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,175
|
$1.07
|
| Effective Gross Income |
$231,985
|
$34.59
|
| Taxes |
$39,938
|
$5.96
|
| Operating Expenses |
$7,800
|
$1.16
|
| Total Expenses |
$47,738
|
$7.12
|
| Net Operating Income |
$184,247
|
$27.47
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $239,160 |
| Annual Per SF | $35.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $7,175 |
| Annual Per SF | $1.07 |
| Effective Gross Income | |
|---|---|
| Annual | $231,985 |
| Annual Per SF | $34.59 |
| Taxes | |
|---|---|
| Annual | $39,938 |
| Annual Per SF | $5.96 |
| Operating Expenses | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $1.16 |
| Total Expenses | |
|---|---|
| Annual | $47,738 |
| Annual Per SF | $7.12 |
| Net Operating Income | |
|---|---|
| Annual | $184,247 |
| Annual Per SF | $27.47 |
PROPERTY FACTS
| Price | $3,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $798,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.77% | Building Size | 6,706 SF |
| Gross Rent Multiplier | 13.36 | No. Stories | 3 |
| No. Units | 4 | Year Built | 2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 | ||
| Price | $3,195,000 |
| Price Per Unit | $798,750 |
| Sale Type | Investment |
| Cap Rate | 5.77% |
| Gross Rent Multiplier | 13.36 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 6,706 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (79)
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