4315 Burns Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
4315 Burns Avenue,Los Angeles, CA 90029
$2,850,000
  • 13 Beds
  • 16 Baths
  • 9,450 sq. ft.
  • Multi-family
  • Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26986233
Source:CRMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$301.59

About this home

We are pleased to offer for sale 4315 Burns Avenue, a 14-unit apartment community located in the Virgil Village neighborhood of Los Angeles, just west of Virgil Avenue.Built in 1964, the property comprises 9,450 square feet of improvements in a single two-story building on a 9,599-square-foot parcel, with parking and laundry on site. The unit mix consists of nine one-bedroom units, two two-bedroom units, two single units and one bachelor unit. The government-required seismic retrofit has been completed. The property delivers strong in-place yield at a 6.78% scheduled cap rate and a 9.67 gross rent multiplier, with approximately 12% rental upside remaining, capturable through ordinary turnover.With a Walk Score of 91, daily errands do not require a car. Courage Bagels and Sqirl sit within a quarter mile south on Virgil Avenue, and The Virgil, a live music and comedy venue, about a quarter mile north on Santa Monica Boulevard. Sunset Junction lies just over half a mile northeast, and...

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Home facts

  • Year built:1964
  • Listing ID #:26986233
  • Added:63 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:16
  • Living area:9,450 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:9,450 sq. ft.
  • Lot area:0.22 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$301.59

Parking

  • Total parking spaces:12
  • Parking description:Covered, Uncovered
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