Multifamily
8811 Burton Way
8811 Burton Wy, Los Angeles, CA 90048
Listing Price: $49,000,000
Cap Rate
4.16%
Number of Units
78
GRM
14.26
Price/Unit
$628,205
Price/Gross SF
$566.81
Gross SF
86,448
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 8811 Burton Way, a 78-unit multifamily apartment building located in the highly desirable 90048 zip code of West Hollywood.
Investment Highlights
- First Time in Market After 40 Years: Being offered to the market for the first time in four decades, presenting a unique opportunity to acquire a well-maintained asset.
- Resort-Style Rooftop Amenities: Featuring a rooftop pool and deck that enhance tenant appeal, elevate the resident experience, and support premium positioning within the market.
- Modern, Convenience-Driven Design: A well-appointed fitness center located within the lobby offers residents seamless access to wellness amenities, aligning with today's lifestyle-focused preferences.
- Exceptional Walkability: WalkScore.com rates the location a "Walker's Paradise," highlighting convenient access to daily errands, dining, entertainment, and lifestyle amenities within walking distance.
Exclusively Listed By
Listing Price: $49,000,000
Cap Rate
4.16%
Number of Units
78
GRM
14.26
Price/Unit
$628,205
Price/Gross SF
$566.81
Gross SF
86,448
Investment Highlights
- First Time in Market After 40 Years: Being offered to the market for the first time in four decades, presenting a unique opportunity to acquire a well-maintained asset.
- Resort-Style Rooftop Amenities: Featuring a rooftop pool and deck that enhance tenant appeal, elevate the resident experience, and support premium positioning within the market.
- Modern, Convenience-Driven Design: A well-appointed fitness center located within the lobby offers residents seamless access to wellness amenities, aligning with today's lifestyle-focused preferences.
- Exceptional Walkability: WalkScore.com rates the location a "Walker's Paradise," highlighting convenient access to daily errands, dining, entertainment, and lifestyle amenities within walking distance.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 8811 Burton Way, a 78-unit multifamily apartment building located in the highly desirable 90048 zip code of West Hollywood.
Exclusively Listed By