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Listed by: Jonathan Prakash (310) 951-6566 DRE #01483131 | Equity Union (424) 600-7620
$1,600,000
-- Bed
- 12 Baths
5,040sqft
1350 S Burlington Ave, Los Angeles, CA 90006
$1,600,000
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Multi Family
Built in 1950
$-- HOA
7,307 sqft lot
$317/sq.ft
Description
We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 11.56 GRM and 5.09% CAP, with a clear path to a 7.96 GRM and 8.86% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
5,040 sqft
Lot Size
7,307 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25624485
MLS Status
Active
Days on Market
16
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