161 S Burlington Avenue
Los Angeles, CA 90057
18
Bed
14
Bath
6,874Sqft
8,286Sqft(Lot)
Huge ~750k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 7% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.75% 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 locate
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 18Bathroom Information
Total Baths: 14 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1950Building Area Total: 6874Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 8286 Lot Size Acres: 0.1902 Lot Size Square Feet: 8,286
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Listing Price Information
Listing Price: $4050000Original Price: $4200000
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Tax Information
Parcel Number: 5154001012
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Virtual Tour
Parking Information
Parking Total: 6 Gated
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Location Information
Direction: Situated between Beverly and 3rd Street, mid-block on the west side.
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 |
| 229 S Westlake Avenue, Los Angeles, CA, 90057 | $1,750,000 | -- | 12 | 6,150 | 6,150 SqFt |
| 151 S Mountainview Avenue, Los Angeles, CA, 90057 | $2,395,000 | 10 | -- | 6,536 | 6,536 SqFt |
| 446 S Bonnie Brae Street, Los Angeles, CA, 90057 | $1,400,000 | 8 | 4 | 4,835 | 4,835 SqFt |
| 201 S Park View Street, Los Angeles, CA, 90057 | $1,897,966 | 13 | 8 | 5,128 | 5,128 SqFt |
| 107 S Rampart Boulevard, Los Angeles, CA, 90057 | $850,000 | 5 | 2 | 2,248 | 2,248 SqFt |
| 2731 Beverly Boulevard, Los Angeles, CA, 90057 | $8,895,000 | 66 | -- | 24,795 | 24,795 SqFt |
| 694 S Burlington Avenue, Los Angeles, CA, 90057 | $3,900,000 | -- | -- | 30,319 | 30,319 SqFt |
| 314 S Coronado Street, Los Angeles, CA, 90057 | $1,100,000 | 4 | -- | 2,340 | 2,340 SqFt |
| 406 S Coronado Street, Los Angeles, CA, 90057 | $2,200,000 | -- | 12 | 6,250 | 6,250 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 02:08
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