Listing Courtesy Of:
Coldwell Banker Realty, 323-464-9272, Walter Castillo
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
Similar Homes
$799,000
1627 S Burlington Ave, Los Angeles, CA 90006
6 Beds
6 Baths
2,780
sq ft
.18
ac
Log In to Reveal Price
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!
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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