34.087383 -118.28846

4342 Burns Ave LOS ANGELES, CA 90029

306902098 34.087383 -118.28846 213 /listing/306902098-150286613/4342-burns-ave-los-angeles-ca-90029 False 0 2300000.0 5386 105 12 12 21-105295 False
  • $2,300,000
  • 12 bd
  • 12 ba
  • 5,386 sqft
  • 9,577 lot
  • Est payment $12346.9/mo

Property & Neighborhood Info

Courtesy Of CB Richard Ellis, Inc.

Multi-Family in Los Angeles

Constructed in 1924 on 9,577 square foot LARD1.5 lot, and comprised of five separate buildings, 4342-4346 Burns Avenue is a 12-unit property with a total building size of 5,386 square feet. The gated property is serviced by individual water heaters and separately metered for gas and electric. The property is being offered for sale for the first time in 30 years. With rents approximately 76% below market, a new owner is presented with the opportunity to increase rents to market upon vacancy or further increase rental income with complete unit renovations.

Courtesy Of CB Richard Ellis, Inc.
  1. 12 Beds
  2. 12 Baths
  3. 5,386 Sq. Ft.
  4. 9,577 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1924
  • County: LOS ANGELES
  • Taxes: $28,331.00
  • Units: 12
  • Zoning: LARD1.5
  • MLS Number:21-105295

Additional Features

  • Cooling:
    • Wall Unit(s)
  • Disclosures:
    • None
  • Flooring:
    • Laminate
    • Tile
  • Roof:
    • Flat
  • Unit 1 Furnished:
    • No
  • Exterior:
    • Other
    • Plaster
  • Other Structures:
    • None
  • Pool:
    • None
  • Pool YN:
    • Fo
  • Spa:
    • None
  • Spa YN:
    • Fo
  • Parking:
    • None
  • Parking Spaces:
    • 0
  • Heating:
    • Wall
  • Security Features:
    • Gated
  • Number of Buildings:
    • 5
  • Tennis Courts:
    • N
    • None
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 134877
  • Net Operating Income:
    • 71850.00
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.12
  • Co Listing Office ID:
    • X82069
  • Expenses:
    • 58981
  • Gardener Expense:
    • 1080.00
  • Gross Operating Income:
    • 130831
  • Insurance Exp:
    • 2962.00
  • Listing Agent License Number:
    • 01435254
  • Lot Size Area:
    • 9577
  • LP Per SQFT:
    • 427.03
  • Maintenance Exp:
    • 6000.00
  • Office Co List Name:
    • CBRE
  • Other Expense:
    • 2400.00
  • Other Equipment:
    • Range/Oven
  • Pest Control Expense:
    • 1200.00
  • Total Acres:
    • 0.2199
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 1
  • Unit 1 Rent:
    • 11240.00
  • Unit 1 Total Units:
    • 12
  • Water Expense:
    • 9716.00
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Robert Leighton
Robert Leighton
Broker
9200 Sunset Blvd. Suite 200 9200 Sunset Blvd. Ste 200 Los Angeles CA 90069
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34.087383 -118.28846

4342 Burns Ave LOS ANGELES, CA 90029

306902098 34.087383 -118.28846 213 /listing/306902098-150286613/4342-burns-ave-los-angeles-ca-90029 False 0 2300000.0 5386 105 12 12 21-105295 False
  • $2,300,000
  • 12 bd
  • 12 ba
  • 5,386 sqft
  • 9,577 lot
  • Est payment $12346.9/mo