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4315 Burns Avenue

Los Angeles, CA 90029
Mark as Favorite
Bed 13

Bed

Bath 16

Bath

SqFt9,450

Sqft

SqFt9,599

Sqft(Lot)

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 Silver Lake, Los Feliz and East Hollywood all border the neighborhood. The Metro B Line's Vermont/Santa Monica station sits about a third of a mile northwest, and the 101 Freeway meets Vermont Avenue about half a mile northwest. The employment base is anchored by education and healthcare, with Los Angeles City College just over a quarter mile west, Children's Hospital Los Angeles about three-quarters of a mile northwest and Kaiser Permanente Los Angeles Medical Center less than a mile northwest.4315 Burns Avenue offers investors an opportunity to acquire a stabilized asset in Virgil Village, one of the most centrally positioned residential neighborhoods in the city and one that continues to gentrify.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,850,000

AD Id : 91114623

MLS Id : 26986233

Beds : 13

Lot Size : 9,599 Sqft

Living Area Size : 9,450

Year Built : 1964

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 16

  • Building Information

    Year Built: 1964
    Building Area Total: 9450
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 60x155 Main Square Feet: 9599 Lot Size Acres: 0.2204 Lot Size Source: Assessor Lot Size Square Feet: 9,599

  • Listing Price Information

    Listing Price: $2850000

  • Tax Information

    Parcel Number: 5539008020

  • Location Information

    Direction: Located in the Virgil Village neighborhood of Los Angeles, just west of Virgil Avenue.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1149 Manzanita Street, Los Angeles, CA, 90029 $1,189,000 2 1 1,052 3,438 Sqft
946 Hyperion Avenue, Los Angeles, CA, 90029 $1,595,000 6 5 2,318 7,354 Sqft
4202 Lexington Avenue, Los Angeles, CA, 90029 $1,400,000 10 6 4,264 4,200 Sqft
4308 Gateway Ave, Los Angeles, CA, 90029 $1,950,000 -- -- -- 5,252 Sqft
4326 Gateway Avenue, Los Angeles, CA, 90029 $1,675,000 4 -- 3,237 7,056 Sqft
832 Hyperion Avenue, Los Angeles, CA, 90029 $2,250,000 10 6 4,785 7,645 Sqft
1000 Myra Avenue, Los Angeles, CA, 90029 $1,595,000 3 3 1,513 5,431 Sqft
1216 N Virgil Avenue, Los Angeles, CA, 90029 $1,395,000 4 4 1,826 5,751 Sqft
1135 N Commonwealth Ave.., Los Angeles, CA, 90029 $1,299,995 3 3 1,571 6,252 Sqft
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,888 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® 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 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/11/2026 @ 14:10

MLS: 26986233 LISTED BY: Sean Rosenzweig, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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