1446 Burlington Avenue

Los Angeles, CA 90006

$1,350,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $324 / sqft

1923

calendar_month Built

Property Description

Unlock your investment potential with this amazing property located in the heart of Downtown Los Angeles! With an incredible value of $225k per door and $324 per square foot, this property offers an excellent investment opportunity with a real 5% cap rate and 12.19 GRM. The property consists of six units, including two spacious 2-bedroom residences and four cozy 1-bedroom apartments, making it a perfect choice for investors looking for a prime rental opportunity. As you step inside the remodeled unit, you will be captivated by its new laminate flooring, sleek kitchen cabinets, recessed lighting, and upgraded bathroom - all designed to attract tenants. The property spans over two buildings, with a total of 4,164 square feet on a spacious 7,302 square foot lot zoned RD1.5. This property offers significant potential for rent growth and value enhancement, making it a great investment opportunity.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1446 Burlington Avenue
City Los Angeles
State CA
Zip 90006
County Los Angeles
Listing Agent Armin Soleimani DRE#01846872
Co-Listing Agent Julio Ruiz DRE#01911261
Courtesy Of Global Platinum Properties, Inc.
MLS 24369359
List Price $1,350,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 7,304
Year Built 1923
DOM 10

Exterior Information

Maps

Listing information courtesy of: Armin Soleimani, Julio Ruiz, Global Platinum Properties, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 23rd, 2024 at 5:14 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.