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.
Additional Features
- Multi/Split
- Parking spaces: 26.00
- Listing Status: Active
- Listing Agent: Nick Astrupgaard
(lic# 01893466)
of Beverly Hills/Greater LA
- Listing Office: KW Commercial Studio City
(lic# 01428774)
- CO-Listing Agent: Rich Johns
(lic# 01432215)
of Beverly Hills/Greater LA
- CO-Listing Office: KW Commercial Studio City
(lic# 01428774)
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Based on information from CRISNet MLS as of 4th May 2024 at 2:24pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
