694 S Burlington Avenue
Los Angeles, CA 90057
0
Bed
0
Bath
30,319Sqft
22,530Sqft(Lot)
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an inves
Property Details
Map
Map
What's Nearby
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Features
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Building Information
Year Built: 1913Building Area Total: 30319Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 22530 Lot Size Acres: 0.5172 Lot Size Source: Assessor Lot Size Square Feet: 22,530 Lot Description: 0-1 Unit/Acre
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Listing Price Information
Listing Price: $3900000Cash, Cash to New Loan, Conventional, 1031 Exchange
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Tax Information
Parcel Number: 5142011013 Tax Lot: 1234
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Parking Information
Parking Total: 3Garage Information
Has Garage: Yes Garage Space: 3
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Location Information
Direction: DOWNTOWN LOS ANGELES, 10 AND 110 FREEWAYS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 161 S Burlington Avenue, Los Angeles, CA, 90057 | $4,200,000 | 18 | -- | 6,874 | 6,874 SqFt |
| 136 S Westlake Avenue, Los Angeles, CA, 90057 | $1,850,000 | -- | -- | 10,040 | 10,040 SqFt |
| 229 S Westlake Avenue, Los Angeles, CA, 90057 | $1,895,000 | -- | -- | 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 | -- | 4,835 | 4,835 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 | $988,888 | 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 |
| 406 S Coronado Street, Los Angeles, CA, 90057 | $2,200,000 | -- | -- | 6,250 | 6,250 SqFt |
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ByOwner last updated this listing 07/20/2026 @ 05:22
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