$3,995,000
161 S Burlington Avenue
Los Angeles, California 90057
  • Neighborhood:Westlake
    • 6874 SqFt
    • Built 1950
  • Status:For Sale
  • MLS:CL26104100
  • Last Updated:4 days ago

Overview

Huge ~800k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 7.25% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.6% Cap Rate after taking into account all cons

Listing courtesy of Julio Ruiz, Global Platinum Properties, Inc.
    161 S Burlington Avenue

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.6874
    • $/Sq. Ft.$581
    • Built In1950
    • Days on neighborhoods.com4

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesOther

    Interior Features

    Features
    • Sq. Ft.6874
    Utilities
    • Heating (Y/N)Yes
    • Heating TypeWall Furnace

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.8286
    • Lot Size Area0.19
    • Living Area6874
    • Living Area UnitsSquare Feet
    • Acres0.19