4221 Burns Ave
Los Angeles, CA 90029
Blu on Burns · Multifamily Property For Sale
·
28 Units
Property Facts
| No. Units | 28 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 15,184 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | B | Parking Ratio | 1.32/1,000 SF |
| Zoning | RD1.5-1XL - Restricted Density Multiple Dwelling | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.44 AC |
| Building Size | 15,184 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | RD1.5-1XL - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Washer/Dryer
- Hardwood Floors
- Refrigerator
- Double Pane Windows
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Gated
- Walk-Up
About 4221 BURNS AVE , LOS ANGELES, CA 90029
THG Multifamily, as the Exclusive Listing Agent, is pleased to present the opportunity to purchase 4221 Burns (the “Property”), a 28-unit multifamily community located in the thriving Virgil Village neighborhood of Los Angeles. Located on Burns Ave, just steps to Sunset Junction in Silverlake,4221 Burns provides walkable access to some of the best and most popular bars, shopping, and entertainment in Los Angeles. Originally constructed in 1928, 4221 Burns was extensively renovated over the past four years, with $1,040,000 spent upgrading the Property’s interiors, exterior, common area, and building systems. The Property is located in an opportunity zone which is expected to draw significant capital into the market and drive rents and values up.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,659 | 533 |
| 1+1 | 24 | $1,466 | 560 |
Property Taxes
| Parcel Number | 5539-007-021 | Improvements Assessment | $4,015,865 |
| Land Assessment | $4,462,074 | Total Assessment | $8,477,939 |
Property Taxes
