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694 S Burlington Avenue Los Angeles, CA $ 3,975,000
694 S Burlington Avenue
$ 3,975,000
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694 S Burlington Avenue

Los Angeles, CA, 90057
$ 3,975,000
Baths1.0 Sq 30,319

Monthly Estimate*

$ 24,799

Listed by Lyon Stahl Investment Real Estate, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,975,000 with 1 full bath. This 30,319 square foot home was built in 1913 on a lot size of 0.5172.

694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $124k/unit and $131/sqft. The property is currently operating at a 7.22% CAP and 7.67GRM. There is still over 51%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income. 694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

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Multi-Family Active

Price

$ 3,975,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5172

Year Built

1913

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB25223742

Days on Market

86

Features
General
Sewer Public Sewer
Garage Spaces 3
Pool Features None
Year Built 1913
Property Subtype Mixed Use
Gross Income 502577
Community Features Suburban
County Los Angeles
Net Operating Income 287040
Operating Expense 215537
Insurance Expense 22739
New Construction 0
Property Type Residential Income
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions DOWNTOWN LOS ANGELES 10 AND 110 FREEWAYS
City Los Angeles
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 32
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 22530
Number of Units Leased 30
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 25865
Water Sewer Expense 59957
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1234
Total Actual Rent 43177
Property Sub Type Additional Mixed Use
Cap Rate 7.22
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Interior
Total Stories 3
Common Walls 2+ Common Walls
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 3
Lot Size Area 22530
Number of Buildings 1
Building Area Total 30319
Lot Size Acres 0.5172
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 33
Number of Separate Gas Meters 33
Number of Separate Electric Meters 33
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

Email

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$24,799
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Monthly Principal & Interest
$24,799
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Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,975,000 Listed Price

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694 S Burlington Avenue, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $3,975,000 with 30,319 sqft and a lot size of 0.5172. 694 S Burlington Avenue is a studio with 1.0 baths and was built in 1913. The property's zip code is 90057 which is in Los Angeles, CA