1446 South Burlington Avenue
1446 South Burlington Avenue
$1,350,000
8
6
4,164
4,164
$324
Description
Unlock your investment potential with this amazing property located in the heart of Downtown Los Angeles! With an incredible value of $225k per door and $324 per square foot, this property offers an excellent investment opportunity with a real 5% cap rate and 12.19 GRM. The property consists of six units, including two spacious 2-bedroom residences and four cozy 1-bedroom apartments, making it a perfect choice for investors looking for a prime rental opportunity. As you step inside the remodeled...Unlock your investment potential with this amazing property located in the heart of Downtown Los Angeles! With an incredible value of $225k per door and $324 per square foot, this property offers an excellent investment opportunity with a real 5% cap rate and 12.19 GRM. The property consists of six units, including two spacious 2-bedroom residences and four cozy 1-bedroom apartments, making it a perfect choice for investors looking for a prime rental opportunity. As you step inside the remodeled unit, you will be captivated by its new laminate flooring, sleek kitchen cabinets, recessed lighting, and upgraded bathroom - all designed to attract tenants. The property spans over two buildings, with a total of 4,164 square feet on a spacious 7,302 square foot lot zoned RD1.5. This property offers significant potential for rent growth and value enhancement, making it a great investment opportunity.
- Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
- Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
Property Details for 1446 South Burlington Avenue
Zoning
LARD1.5
StyleCraftsman
Parcel Number5135019011
Total Units6.0
Living Area4164
Source Living AreaVendor Enhanced
AreaDowntown L.A. (C42)
Vacancy Rate1 unit
Location
LISTING UPDATED: 03/23/2024 12:01 AM
Property Details for 1446 South Burlington Avenue
Status | Active |
---|---|
MLS # | 24-369359 |
Days on Market | 43 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.17 AC / 7,304 SF |
County | Los Angeles County |
Location
Building Information for 1446 South Burlington Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,304 SF
Payment Calculator
$8,309 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1446 South Burlington Avenue
Property History for 1446 South Burlington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1446 South Burlington Avenue
Taxable ValueLand$515,859Additions$339,000Total$854,859
Tax Record2023$11,295 ($941 / month)
Home Facts
Total Finished SqFt4,164 SqFtAbove Grade Finished SqFt4,164 SqFtLot Size7,302 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLARD1.5CountyLOS ANGELESAPN5135-019-011
Schools near 1446 South Burlington Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Magnolia Avenue Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Equitas Academy Charter School CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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