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Listed by: Cameron Samimi (310) 259-7556 DRE #02035763, Christopher Bald DRE #01909867 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$3,900,000
Monthly Est:$19,412
1 Bed
3 Baths
30,319sqft
694 S Burlington Ave, Los Angeles, CA 90057
$3,900,000
$19,412/moEst:
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Mixed Use
Built in 1913
$-- HOA
22,530 sqft lot
$129/sq.ft
Description
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric.
The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an investor a clear path to substantial future income growth.
694 S Burlington Ave is individually metered for gas and electric, helping reduce utility exposure and improve operating efficiency. Currently, two studio units are being delivered vacant, allowing a buyer to immediately renovate, lease at market rents, and capture upside right away. The building also benefits from diversified income through both residential and retail tenancy, reducing reliance on one income source.
- Houzeo last checked: 6 minutes ago
- Listing updated: July 8, 2026 at 7:41 am
- Source: California Regional MLS-CA | MLS#: SB26135648
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1913
HOA Fees
-
Finished Area
30,319 sqft
Lot Size
22,530 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26135648
MLS Status
Active
Days on Market
118
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 3
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
See Remarks
Pool Features
None
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Suburban
Price History
| Date | Event | Price |
|---|---|---|
07/08/2026 Source: | Listed for Sale | $3,900,000 $129/sqft |
07/07/2026 Source: | Coming Soon | $3,900,000 -5.45% $129/sqft |
09/23/2025 Source: | Listed for Sale | $4,125,000 -4.07% $136/sqft |
06/18/2025 Source: | Off Market | $4,300,000 $142/sqft |
06/18/2025 Source: | Listed for Sale | $4,300,000 $142/sqft |
Westlake Ranks #142 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 04:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
