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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

Multifamily

8811 Burton Way

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

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