$1,300,000
Active
62 Days Online
2 Beds10 Baths3,976 SQFT
Active

307 S Burlington Avenue Los Angeles, CA 90057

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I am pleased to offer for sale a 10-unit apartment community located at 307 South Burlington Avenue. The subject property is located south of 3rdStreet within the Westlake sub-market, which borders three thriving markets Koreatown, Downtown, and Echo Park. Situated on a 5, 397 square foot parcel, the property is comprised of four singles, four studios, and two one-bedroom units. The property has 44% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 307 South Burlington Avenue an excellent acquisition opportunity.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive
  • MLS ID Number24374935
  • Home Size Source Assessor
  • Year Built1925
  • Lot Size0.1239 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking None
  • Parking Spaces 0
  • Number of Stories 22
  • Acreage 0.1239
  • Zoning LAC2
  • Listing Conditions Standard

Community Features

  • Senior Community No
  • MLS Area C42 - Downtown L.A.

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Monthly Payment (Est.)

$6,940
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