Keller Williams Realty - Jeff Menendez Homes
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Listing Courtesy Of: Coldwell Banker Realty, 323-464-9272, Walter Castillo
Local Realty Services Provided By: Keller Williams Realty Larchmont
Overview
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$799,000
1627 S Burlington Ave, Los Angeles, CA 90006
6 Beds
6 Baths
2,780 sq ft
.18 ac
Price Drop: $50,000 (7 days ago)
$799,000
$849,000

1627 S Burlington Ave, Los Angeles, CA 90006

Estimation provided by Keller Williams Realty Inc.
6 Beds
6 Baths
2,780 sq ft
.18 ac
Active
For Sale

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!

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
2,780 sq ft
Year Built
1901
Days on Site
11 Days
Parking
10 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $799,000
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Price & Tax History

Date
Event
Price
03/15/2025
Price Decrease
$799,000
(-5.89%)
03/11/2025
Listed
$849,000
(+430.63%)
02/20/2001
Sold
$160,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,033
(+4.55%)
$382,319
Land 208,719 + Additions 173,600
2022
$4,814
(+1.56%)
$367,475
Land 200,615 + Additions 166,860
2021
$4,740
(+2.92%)
$367,475
Land 200,615 + Additions 166,860
2019
$4,606
(+4.42%)
$363,708
Land 198,558 + Additions 165,150
2017
$4,411
$349,587
Land 190,849 + Additions 158,738
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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