8614 Burton Way | Los Angeles, CA 90048
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This Multifamily Property is no longer advertised on LoopNet.com.
8614 Burton Way
Los Angeles, CA 90048
18 Units on Famed Burton Way | Built 1989 · Multifamily Property For Sale
·
18 Units

Investment Highlights
- Prime Burton Way location, steps from Cedars-Sinai Medical Center; “Walker’s Paradise” with a Walk Score of 92
- Priced below replacement cost
- Part of The Burton Way & Swall Portfolio: 75 units; three properties (can be purchased together or individually)
- Built in 1989 (no city rent control); Legacy Assets: First time on market since construction
- Value-Add Opportunity: Over $1,300/unit/month in rental upside
Property Facts
| No. Units | 18 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 18,817 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1989 |
| Building Class | B | Parking Ratio | 1.75/1,000 SF |
| Zoning | LAR4 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 18,817 SF |
| No. Stories | 4 |
| Year Built | 1989 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | LAR4 |
Amenities
Site Amenities
- Controlled Access
- Fitness Center
- Laundry Facilities
- Elevator
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 650 |
| 2+2 | 12 | - | 1,100 |
Links
Property Taxes
| Parcel Number | 4334-016-007 | Improvements Assessment | $3,812,964 |
| Land Assessment | $6,120,000 | Total Assessment | $9,932,964 |
Property Taxes
Parcel Number
4334-016-007
Land Assessment
$6,120,000
Improvements Assessment
$3,812,964
Total Assessment
$9,932,964
Listing ID: 29656721
Date on Market: 9/29/2023
Last Updated:
Address: 8614 Burton Way, Los Angeles, CA 90048
The Beverly Grove Multifamily Property at 8614 Burton Way, Los Angeles, CA 90048 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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