1627 S Burlington AVE Active 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 $233
MLS Listing ID 25510019
Bedrooms 6
Year Built 1901
Lot Size 8,006 Sqft
Property Description
Excellent Investment Opportunity Priced to Sell! Don't miss this rare chance to own a high-performing income property near the heart of Downtown Los Angeles. This legal duplex, currently operating with six rental units, delivers consistent cash flow and strong rental demand. Sitting on a generous 8,007 sq. ft. RD1.5-zoned lot, the property also offers attractive future development potential. Additional highlights include ample parking for up to 10 vehicles with convenient alley access. Located in a high-demand rental market, this is a prime opportunity for savvy investors seeking immediate income and long-term upside. Serious buyers-only property is priced to sell and won't last, current 7.16 Cap rate and 8.81 GRM!
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