CA > Los Angeles
Los Angeles, CA 90006,1350 S Burlington AVE
Los Angeles, CA 90006,1350 S Burlington AVE
Los Angeles, CA 90006,1350 S Burlington AVE
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,600,000
Est. payment /mo
12 Baths
5,040 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,040 sqft

Price per Sqft $317

MLS Listing ID 25624485

HOA Y/N No

Year Built 1950

Property Description

We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 11.56 GRM and 5.09% CAP, with a clear path to a 7.96 GRM and 8.86% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5135020008

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Jonathan Prakash Equity Union
Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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1350 S Burlington AVE

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