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4315 Burns Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:CENTURY 21 Masters
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:48 day(s) ago
  • Updated:October 28, 2026 at 12:01 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Masters is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Masters, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Randy Keith Thompson

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