$2,350,000
708 Burger Avenue, East Los Angeles CA 90022
Multi-Family (8 Units)
Property type
1 day
On market
$391
Price per sqft
8 cars
Garage
1972
Year built
10,625 sqft
Lot size
Open Houses
Overview
708 Burger Ave presents an excellent opportunity to acquire an eight-unit apartment building in East Los Angeles. This well-kept asset offers reliable income and future growth potential in a high-demand rental market. The property benefits from additional parking income with four rented spaces and strong tenant demand due to its central location near amenities and...
Listing provided by: ROBERT E. SILVA DRE #00860584 323-597-5252, SILVA REAL ESTATE GRP.
Listing updated: Jun 12, 2026 at 05:05am.
Last checked: Jun 12, 2026 at 05:30am
Source: CRMLS #WS26128234
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,200 | $2,200 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,100 | $2,100 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,000 | $2,000 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,035 | $2,035 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,775 | $1,775 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,000 | $2,000 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,175 | $2,175 | $2,200 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,579 | $1,579 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 8
Total Actual Rent: $15,739
Tenant Pays: Electricity, Gas, Parking Fee
Financial Snapshot
Gross Rent Multiplier
12.4x
List Price / Annual Gross Rent
Cap Rate
5.7%
NOI / List Price
Gross Scheduled Income: $188,868
Vacancy Allowance: $5,666
Vacancy Allowance Rate: 3%
Operating Expense: $50,994
Net Operating Income: $133,874
Annual Operating Expenses
Gardener: $0
Insurance: $0
New Taxes: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Heating: Wall Furnace
Laundry: Inside
Entry Location: Top & Bottom
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5247001008
Additional Parcels: No
Tax Lot: 16
Zoning: LCR3*
Tax Block: 12
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 708 Burger Avenue, East Los Angeles, CA 90022. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,880,000
Total Interest
$2,397,836
Total Payment
$4,277,836
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,481
per month
Property History for 708 Burger Avenue
East Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90022.
Similar Homes
Listings with similar prices to 708 Burger Avenue