1446 S Burlington Ave - Apartments FOR SALE


Los Angeles, CA 90006
$1,295,000 USD
310-666-2246
1446 S Burlington Ave, Los Angeles, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/19
null | 4.8% Cap Rate

1446 S Burlington Ave
Los Angeles, CA 90006


HIGHLIGHTS

  • Generous 7,302 square foot lot zoned RD1.5 – making it ripe with possibilities.
  • Two buildings encompassing an impressive 4,164 square feet
  • Huge upside in rents!
  • Situated just minutes away from the bustling heart of Downtown Los Angeles

OVERVIEW

Price just lowered! Six units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophistication at every turn. Don't miss out on this golden opportunity to make a lasting mark in the competitive real estate market - seize the moment and reap the rewards of this timeless investment!

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

6

PRICE/UNIT

$215,833

CAP RATE

4.8%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Cash Flowing Units-5% Cap near Downtown LA!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,302 SF

ZONING

RD1.5

APN/PARCEL ID

5135-019-011

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.