11
See all 11 photos
$849,000
Est. payment /mo
6 BD
6 BA
2,780 SqFt
New
1627 S Burlington AVE Los Angeles, CA 90006
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UPDATED:
03/13/2025 12:36 AM
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
HOA Y/N No
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
Fireplace No
Laundry None
Exterior
Parking Features Direct Access, Garage
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 10
Private Pool No
Building
Story 2
Entry Level Two
Sewer Other
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5135011017
Security Features Gated Community
Special Listing Condition Notice Of Default
Listed by Walter Castillo • Coldwell Banker Realty