1446 South Burlington Avenue Los Angeles, CA ^$ 1,350,000

1446 South Burlington Avenue

^$ 1,350,000

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1446 South Burlington Avenue

Los Angeles, CA, 90006

^$ 1,350,000

Studio Baths0.0 Sq 4,164

Monthly Estimate*

^$ 9,430

1446 South Burlington Avenue, Los Angeles, CA 90006 - Image 1

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1446 South Burlington Avenue, Los Angeles, CA 90006 - Image 7

1446 South Burlington Avenue, Los Angeles, CA 90006 - Image 8

1446 South Burlington Avenue, Los Angeles, CA 90006 - Image 9

1446 South Burlington Avenue, Los Angeles, CA 90006 - Image 10

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000. This 4,164 square foot home was built in 1923 on a lot size of 0.17.

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.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.17

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024369359

Features

General

Heating Wall Furnace

Zoning LARD1.5

Architectural Style Craftsman

Year Built 1923

View City Lights

Levels Multi/Split

County Los Angeles

Net Operating Income 67538.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 7304.0

Street Name Burlington

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Off Site

Lot Size Area 7304.0

Building Area Total 4164.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Armin Soleimani

Listing Agent

Global Platinum Properties, Inc.

Broker

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2024	$1,350,000		Listed Price

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1446 South Burlington Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,350,000 with 4,164 sqft and a lot size of 0.17. 1446 South Burlington Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 3/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1446 South Burlington Avenue

Multi-Family Home for sale in Los Angeles, CA

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