$ 4,125,000
-
$4,125,000
Price -
1
Bed -
3
Bath -
30,319
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing sb1310620 - SBSAMICAM,SBBALDCHR
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $128k/unit and $136/sqft. The property is currently operating at a 7.01% CAP and 7.96 GRM. There is still over 51% upside available once the property is stabilized. The property is individually metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income. 694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
Listing Highlights for 694 S Burlington Ave
Status
Active
Days on Site
32
Property Type
Multi-Family
MLS ®
SB25223742
Year Built
1913
Total Square Footage
30,319
Lot/Acreage
0.52
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 1
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5142011013
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
694 S Burlington Ave Los Angeles, CA 90057
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
