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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 849,000

Est. payment -/mo

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1627 S Burlington AVE Los Angeles, CA 90006

6 Beds

6 Baths

2,780 SqFt

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

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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