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4233 Burns Ave | Los Angeles CA | 7227835177

Nick Astrupgaard

This listing was posted on RealtyWW.

$8,450,000

Home For Sale In Los Angeles, California

Price:
$8,450,000
BR/BA:
10+ BA
Location:
4233 Burns Ave, Los Angeles, CA
Description:

KW Commerical is pleased to present 4233 Burns Avenue, Los Angeles -- a special 28-unit Apartment Community in the highly desirable Virgil Village sub-market and just half a mile from the Sunset Junction. 4233 Burns Avenue is an attractive Courtyard-style property. The unit mix boasts Twenty-Seven (27) large One-Bedroom units and One (1) spacious Studio Apartment. Current ownership has updated and remodeled 14 of the 28 units. Upgrades include new hardwood laminate flooring, new modern kitchens with granite or quartz countertops, new custom kitchen cabinets, and high-end stainless steel appliances. The bathrooms were tastefully updated with modern vanities, LED Smart Mirrors, and designer tile and finishes throughout. Current ownership has provided a proven model and opportunity to increase rents by over 40% as units turn naturally. Other amenities include a private gate and intercom entry, an onsite washer/dryer room, and 26 parking spaces. 4233 Burns Avenue is not on the LA City mandatory seismic retrofit list. The property offers a combination of modern living and relaxed comfort while centrally located in one of LA's most engaging and diverse neighborhoods. Virgil Village is a trendy neighborhood with creative vibes, artful boutiques, and inventive eateries. Tenants are close to Sqirl, The Virgil, the Smog Cutter, Courage Bagel, Cafecito Organico, and Virgil Normal. Located between the hotspots of Hollywood and Silverlake, it offers down-to-earth cool with unbeatable access to the best areas in the city. With attractive in-place metrics and plenty of upside, 4233 Burns Avenue is a perfect opportunity to secure a generational asset in one of LA's hottest and up-and-coming neighborhoods.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70246889
Property Type:
Single-Family Houses
Amenities:
Parking, Washer Dryer
Posted:
April 5 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale at 4233 Burns Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4233 Burns Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale in Los Angeles CA.