House buy in Dayton Avenue California

We are pleased to present a ten (10) unit apartment building located at 4312 Burns Avenue in Los Angeles, California. The subject property is situated in a prime Virgil Village location one block outside of Silver Lake, west of North Virgil Avenue and south of Santa Monica Boulevard. Built in 1923, this property contains a streamlined unit mix of ten (10) one-bedroom / one-bathroom units across three (3) detached buildings on a large 9,570 square foot lot with Tier 3 TOC development incentives. Just past the gated and secure entryway is a charming center courtyard. The units feature individual water heaters and copper plumbing throughout. Tenants will love being within walking distance so some of the trendiest restaurant, retail, and entertainment amenities across Virgil Village and Silver Lake. Some of these amenities include Alma's Cider & Beer right next door, Bolita, Virgil Normal, Erewhon Market, The Black Cat, Bacari Silverlake + Bar Bacari, Pine and Crane, and many more. Outdoor recreation is also available less than half a mile away at the Bellevue Recreation Center and Park. Residents of this building have central access to all that Los Angeles has to offer. Situated in a prime Virgil Village location one block outside of Silver Lake, this offering presents an excellent opportunity for any investor to capitalize on over 85% rental upside potential in an opportunity zone with tax benefits. MLS® ID: 22193099 Listed: 8/21/22 Updated: 10/17/22 Interior Features Total Bedrooms: 10 Total Bathrooms: 10 Heating: Wall Furnace Exterior/Building Features Lot Size: 9,570 ft2 lot Exterior Features: Enclosed, Open, Patio Architectural Style: Bungalow Lot Details: Rectangular Lot Other Property Details Area Name: C21 - Silver Lake - Echo Park HOA Amenities: Gated Garage: No Parking: None View: N County: Los Angeles Pool: No Pool Description: None Total Stories: 1 Zoning: LARD1.5 Property History Date Event Price Value 9/19/22 Price Change $2,050,000 -6% Courtesy of Marcus & Millichap, Jason Tuvia, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.