1627 S Burlington AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,780 sqft
Price per Sqft $305
MLS Listing ID 25510019
Bedrooms 6
Year Built 1901
Lot Size 8,006 Sqft
Property Description
Excellent Investment Opportunity: Legal Duplex with Six Units Located near downtown Los Angeles, this income-generating property offers significant potential for investors. The non-conforming duplex is divided into six rental units, providing strong cash flow. The unit breakdown and current rental income are as follows: Unit #1 (Single, No Kitchen): $630 Unit #2 (Single, No Kitchen): $840 Unit #3 (Single, No Kitchen): $720 Unit #4 (Single, No Kitchen): $1,000 Unit #5 (1 Bed, 1 Bath w/ Kitchen): $1,624 Unit #6 (1 Bed, 1 Bath w/ Kitchen): $1,329 The property sits on a spacious 8,007 sq. ft. lot with RD1.5 zoning, offering future development potential. Additional features include parking for up to ten vehicles with convenient alley access. Situated in a high-demand rental area, this multi-unit property presents an outstanding opportunity for steady rental income and long-term appreciation. Don't miss this prime investment near the heart of Los Angeles!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating None
Cooling None
Flooring Carpet,Laminate
Fireplaces Type None
Laundry None
Exterior
Parking Features Direct Access,Garage
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Shingle
Building
Story 2
Sewer Other
Water Public
New Construction No
Others
Special Listing Condition Notice Of Default