Log In/Sign Up
Your email has been sent.
Versailles Apartments 8811 Burton Way 78 Unit Apartment Building $66,409,698 CAD ($851,406 CAD/Unit) 4.62% Cap Rate Los Angeles, CA 90048
Investment Highlights
- First time on market in over 40 years — rare West Hollywood generational offering
- Balanced unit mix: studios, 1+1s, and 2+2s serving an affluent renter base
- On-site fitness center, covered/underground parking amenities, controlled access, on-site laundry, and strong property infrastructure
- Institutional-scale 78-unit asset in one of Los Angeles’ most supply-constrained markets
- Resort-style rooftop pool and deck supporting premium tenant demand
- Strong in-place income with long-term rent durability and inflation hedge
Executive Summary
The Azzi Group of Marcus & Millichap is pleased to present 8811 Burton Way, a 78-unit, institutional-quality multifamily asset located in the heart of West Hollywood’s highly sought-after 90048 zip code, offered for the first time in over 40 years. Built in 1989, the five-story property comprises 86,448 SF of rentable space on a 27,083 SF LAR4-zoned lot, offering durable zoning and long-term operational stability in a supply-constrained rental market.
The property features a well-balanced unit mix of (8) studios, (38) 1-bedroom/1-bath units, and (32) 2-bedroom/2-bath units, catering to an affluent renter base. Many units offer balconies and strong natural light, while resort-style rooftop amenities, a fitness center, covered/underground parking, on-site laundry, and controlled access support sustained tenant demand and long-term rent durability.
Ideally located just off Beverly Boulevard, the asset benefits from exceptional walkability (Walk Score: 94) and immediate proximity to Beverly Hills, Fairfax, and Hollywood. With strong in-place income, limited new supply, and proven long-term appreciation, 8811 Burton Way represents a generational core hold opportunity for investors seeking wealth preservation and durable, inflation-hedged cash flow in one of Los Angeles’ most resilient multifamily submarkets.
The property features a well-balanced unit mix of (8) studios, (38) 1-bedroom/1-bath units, and (32) 2-bedroom/2-bath units, catering to an affluent renter base. Many units offer balconies and strong natural light, while resort-style rooftop amenities, a fitness center, covered/underground parking, on-site laundry, and controlled access support sustained tenant demand and long-term rent durability.
Ideally located just off Beverly Boulevard, the asset benefits from exceptional walkability (Walk Score: 94) and immediate proximity to Beverly Hills, Fairfax, and Hollywood. With strong in-place income, limited new supply, and proven long-term appreciation, 8811 Burton Way represents a generational core hold opportunity for investors seeking wealth preservation and durable, inflation-hedged cash flow in one of Los Angeles’ most resilient multifamily submarkets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $66,409,698 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $851,406 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 0.62 AC |
| Cap Rate | 4.62% | Building Size | 86,448 SF |
| Gross Rent Multiplier | 13.31 | No. Stories | 5 |
| No. Units | 78 | Year Built/Renovated | 1989/2010 |
| Property Type | Multifamily | Parking Ratio | 0.58/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR4 | ||
| Price | $66,409,698 CAD |
| Price Per Unit | $851,406 CAD |
| Sale Type | Investment |
| Cap Rate | 4.62% |
| Gross Rent Multiplier | 13.31 |
| No. Units | 78 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.62 AC |
| Building Size | 86,448 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1989/2010 |
| Parking Ratio | 0.58/1,000 SF |
| Zoning | LAR4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Crown Molding
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Courtyard
- Fitness Center
- Laundry Facilities
- Sauna
- Spa
- Furnished Units Available
- Maid Service
- Media Center/Movie Theatre
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $3,517 CAD | 500 |
| 1+1 | 38 | $4,164 CAD | 750 - 800 |
| 2+2 | 32 | $6,099 CAD | 1,200 - 1,300 |
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 4334-011-063 | Improvements Assessment | $17,016,439 CAD |
| Land Assessment | $25,524,669 CAD | Total Assessment | $42,541,108 CAD |
Property Taxes
Parcel Number
4334-011-063
Land Assessment
$25,524,669 CAD
Improvements Assessment
$17,016,439 CAD
Total Assessment
$42,541,108 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Versailles Apartments | 8811 Burton Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.