1703 S Burlington Ave - Apartments FOR SALE


Los Angeles, CA 90006- Pico-Union
$1,295,000 USD
213-446-3636
1703 S Burlington Ave, Los Angeles, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/89
null | 5.81% Cap Rate

1703 S Burlington Ave
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • White Picket Fence Landscaping
  • Expansive Parking Field with 8 Parking Spaces
  • Completely Turnkey with 2 units Vacant

OVERVIEW

We are proud to present a rare opportunity to acquire a fully renovated 4-unit Craftsman compound on Burlington Ave, offering a true "turnkey" investment in one of Los Angeles' most central rental corridors. Comprised of a duplex and a single-family residence with an attached ADU, this thoughtfully re-imagined property has undergone a comprehensive remodel featuring mini-split HVAC systems, modern laminate flooring, stainless steel appliances, quartz countertops, and more. Most of the units are equipped with in-unit laundry, catering to today's tenant expectations and maximizing rental appeal. The property offers spacious and efficient layouts, including two-bedroom units exceeding 1,100 SF, a one-bedroom unit over 800 SF, and a well-designed studio space over 600 SF providing flexibility for a wide range of tenant profiles. The charming front yard is highlighted by a white picket fence, shaded patio, and a parking field with a total of 7 spaces, creating a welcoming, residential feel that sets this asset apart from typical multifamily offerings. Strategically located just minutes from University of Southern California, Exposition Park, BMO Stadium, and Downtown Los Angeles, the property benefits from strong and consistent rental demand. Immediate access to the 110 and 10 Freeways ensures seamless connectivity across the city. This is an ideal opportunity for both investors seeking stabilized, low-maintenance income and owner-users looking to capitalize on a high-quality, income-producing asset.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$359 USD /SF

# OF UNITS

4

PRICE/UNIT

$323,750

CAP RATE

5.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,896 SF

ZONING

R1.5

APN/PARCEL ID

5135-011-014

ASK ABOUT THIS PROPERTY

Stephen WatsonTotal Realty GroupMore Info
213-446-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Stephen WatsonTotal Realty GroupMore Info
213-446-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.