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

1446 S Burlington Avenue

^$ 1,350,000

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1446 S Burlington Avenue

Los Angeles, CA, 90006

^$ 1,350,000

Bedrooms8 Baths6.0 Sq 4,164

Monthly Estimate*

^$ 9,430

Listed by Global Platinum Properties, Inc.

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

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 2

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 3

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 4

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 5

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 6

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

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

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

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

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 11

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 12

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 13

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 14

1446 S Burlington Avenue, Los Angeles, CA 90006 - Image 15

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 8 bedrooms and 6 full baths. This 4,164 square foot home was built in 1923 on a lot size of 0.1677.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.1677

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24369359

Days on Market

Features

General

Heating WallFurnace

Zoning LARD1.5

Architectural Style Craftsman

Year Built 1923

View CityLights

Levels MultiSplit

Gross Income 101220.0

County Los Angeles

Net Operating Income 67538.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions From Washington turn North onto Burlington

City Los Angeles

View Y/N Y

Senior Community Y/N N

Total Units 6

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 7304.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Burlington

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 5.0

Exterior

Parking Features OffSite

Total Parking 0.0

Lot Size Area 7304.0

Number of Buildings 2

Spa N

Building Area Total 4164.0

Lot Size Acres 0.1677

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 1446

* Excluded Features

List By

Global Platinum Properties, Inc.

Broker

(310) 666-2246

Phone

Affordability Calculator

$9,430

Per Month

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

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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 ^$2,000,821

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.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2024	$1,350,000		Listed Price

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1446 S 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 0.1677. 1446 S Burlington Avenue has 8 bedrooms, 6.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1446 S Burlington Avenue

Multi-Family Home for sale in Los Angeles, CA

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