311 South Burlington Avenue
311 South Burlington Avenue
$875,000
3
3
1,550
1,550
$565
Description
Attention developers! Opportunity to build 24 units. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with...Attention developers! Opportunity to build 24 units. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.
- Listed by Will Tiao • DRE #01918965 • Brokerage DRE #01335786 • The Collective Realty
- Listed by Ken Dennis • DRE #02097826 • Brokerage DRE #01335786 • The Collective Realty
Property Details for 311 South Burlington Avenue
Water Front
None
ZoningLAR4
StyleTraditional
Parcel Number5154022013
Total Units3.0
Living Area1550
Source Living AreaAssessor
AreaDowntown L.A. (C42)
Location
LISTING UPDATED: 04/23/2024 12:01 AM
Property Details for 311 South Burlington Avenue
Status | Active |
---|---|
MLS # | 24-366153 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1910 |
Lot Size | 0.12 AC / 5,390 SF |
County | Los Angeles County |
Location
Building Information for 311 South Burlington Avenue
Stories1Residences-Year Built1910Building Size-Lot Size0.12 AC / 5,390 SF
Payment Calculator
$5,351 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 311 South Burlington Avenue
Property History for 311 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 311 South Burlington Avenue
Taxable ValueLand$435,051Additions$112,885Total$547,936
Tax Record2023$6,909 ($576 / month)
Home Facts
Total Finished SqFt1,550 SqFtAbove Grade Finished SqFt1,550 SqFtLot Size5,390 SqFtStyleTriplexYear Built1910ZoningLAR4CountyLOS ANGELESAPN5154-022-013
Schools near 311 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 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Union Avenue Elementary School PublicK to 5 | ||
John H. Liechty Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community 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.
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