227 North Burlington Avenue

Los Angeles, CA 90026

$885,000
Last Sold Price
4
Beds
3
Baths
2,414 Sq. Ft.
$367 / Sq. Ft.
2,414
Sq. Ft.
$367
per Sq. Ft.

Description

Reduced! We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting...Reduced! We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Arman Mahmoodi • DRE #01945581 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 227 North Burlington Avenue

Zoning
RD1.5 Tier 1
Style
Traditional
Parcel Number
5159006006
Living Area
2414
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Lot Size Area
6000
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Arman Mahmoodi, DRE #01945581

Sold By Keller Williams Beverly Hills, Arman Mahmoodi, DRE #01945581; Keller Williams Beverly Hills, Trenton Armitage, DRE #02069897

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LISTING UPDATED: 10/19/2023 01:19 PM

Property Details for 227 North Burlington Avenue

StatusSold
MLS #23-298586
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.14 AC / 6,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Arman Mahmoodi, DRE #01945581

Sold By Keller Williams Beverly Hills, Arman Mahmoodi, DRE #01945581; Keller Williams Beverly Hills, Trenton Armitage, DRE #02069897

Add your commute

Building Information for 227 North Burlington Avenue

Stories2Year Built1950Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$6,085 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,830

Property Taxes

$1,255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 North Burlington Avenue

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • View: Yes
  • View Description: Walk Street
  • Security Features: Gated
  • Property Condition: Fixer, Tear Down
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: As Is, Other, Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Additional Parcel Number: No
  • Lot Acreage: 0.1377
  • Lot Size Square Feet: 6000
  • Lot Size Dimensions: 50x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage Is Detached, On street
  • Total Parking: 3
  • Parking Features: Driveway, Street
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Family Room, Living Room, Primary Bathroom, Bonus Room
  • Rooms: Dining Area, Family Room, Living Room, Master Bedroom, Bonus Room
  • Levels: Two
  • Fireplace Rooms: Other
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Wood, Other
  • Equipment: None
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: None
  • Laundry: Other
  • Eating Areas: Dining Area
  • Eating Area: Dining Room
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 08-07-2023

Property History for 227 North Burlington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 227 North Burlington Avenue

Taxable ValueLand$734,400Additions$489,600Total$1,224,000
Tax Record2023$15,065 ($1,255 / month)
Home Facts
Beds4Total Finished SqFt2,414 SqFtAbove Grade Finished SqFt2,414 SqFtStories2Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1950ZoningLARD1.5CountyLOS ANGELESAPN5159-006-006

Schools near 227 North 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
Public - 9 to 12
Rating
School
Distance
Union Avenue Elementary School
PublicK to 5

Sal Castro Middle School
Public6 to 8

Miguel Contreras Learning Complex School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474; Keller Williams Beverly Hills, Arman Mahmoodi, DRE #01945581

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.