161 S Burlington Avenue
Los Angeles, CA 90057
18
Bed
0
Bath
6,874Sqft
8,286Sqft(Lot)
Huge ~600k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6.75% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.4% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is loca
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 18Bathroom Information
Total Baths: 14 Full Baths: 0 Half Baths: 0 -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1950 Building Area Total: 6,874
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1902 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8286
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Listing Price Information
Original List Price: 4,200,000 Listing Contract Date: 2026-04-22 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5154001012
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Garage and Parking
Garage Description: GatedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 2505 Directions: Situated between Beverly and 3rd Street, mid-block on the west side. Zoning: LAR4 Source Property Type: Residential Income Area: C42 - Downtown L.A. -
Building and Construction
Property Age: 76 Year Built Source: Vendor Enhanced Total Square Feet Living: 6874 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 136 S Westlake Avenue, Los Angeles, CA, 90057 | $1,850,000 | -- | -- | 10,040 | 10,040 SqFt |
| 127 S Westlake Avenue, Los Angeles, CA, 90057 | $895,000 | 4 | 1 | 2,270 | 2,270 SqFt |
| 272 S Burlington, Los Angeles, CA, 90057 | $925,000 | -- | -- | 2,778 | 2,778 SqFt |
| 272 S Burlington, Los Angeles, CA, 90057 | $925,000 | 2 | -- | 2,778 | 2,778 SqFt |
| 229 S Westlake Avenue, Los Angeles, CA, 90057 | $1,895,000 | -- | -- | 6,150 | 6,150 SqFt |
| 1803 Maryland Street, Los Angeles, CA, 90057 | $1,249,000 | 6 | -- | 4,083 | 4,083 SqFt |
| 502 S Westlake Avenue, Los Angeles, CA, 90057 | $2,800,000 | 2 | -- | 13,539 | 13,539 SqFt |
| 107 S Rampart Boulevard, Los Angeles, CA, 90057 | $998,888 | 5 | 2 | 2,248 | 2,248 SqFt |
| 2731 Beverly Boulevard, Los Angeles, CA, 90057 | $8,895,000 | 66 | -- | 24,795 | 24,795 SqFt |
| 314 S Coronado Street, Los Angeles, CA, 90057 | $1,100,000 | 4 | -- | 2,340 | 2,340 SqFt |
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ByOwner last updated this listing 06/20/2026 @ 21:04
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