211 S Burlington Ave - Apartments FOR SALE


Los Angeles, CA 90057
$895,000 USD
323-842-4001
211 S Burlington Ave, Los Angeles, CA for Sale
$895,000 USD
Apartments - FOR SALE
1/31
null | 8.05% Cap Rate

211 S Burlington Ave
Los Angeles, CA 90057


HIGHLIGHTS

  • One unit delivered vacant
  • Great for owner/user
  • Developing neighborhood

OVERVIEW

Westlake is the setting for this classic Craftsman duplex featuring one bright vacant unit, a great opportunity for an owner-user or investor. Built in 1914, the gated property provides easy access to coffee and recreation in Echo Park. Each two-bedroom unit showcases hardwood floors and heritage elements. The vacant upper unit is a breezy space, offering a kitchen equipped with a stainless steel appliance suite, extra attic storage and a deck with scenic views. Conveniences include A/C, dedicated laundry per unit, gated parking and an enclosed back yard. With McArthur Park's green space renovation underway, the area is becoming red-hot and this property is a perfect entry point. Nearby attractions include Echo Park Lake, The Bellwether, Vista Hermosa Natural Park and Laveta Coffee.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

2

PRICE/UNIT

$447,500

CAP RATE

8.05%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,846 SF

ZONING

LAR3

APN/PARCEL ID

5154-021-007

ASK ABOUT THIS PROPERTY

Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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

Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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