161 S Burlington Avenue Los Angeles, CA $ 4,795,000
161 S Burlington Avenue
$ 4,795,000
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161 S Burlington Avenue

Los Angeles, CA, 90057
$ 4,795,000
Bedrooms18 Baths2.0 Sq 6,874

Monthly Estimate*

$ 29,915

Listed by Global Platinum Properties, Inc.
161 S Burlington Avenue, Los Angeles, CA 90057 - Image 1
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161 S Burlington Avenue, Los Angeles, CA 90057 - Image 4
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161 S Burlington Avenue, Los Angeles, CA 90057 - Image 10
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Multi-Family Home for sale in Los Angeles, CA

for $4,795,000 with 18 bedrooms and 2 full baths. This 6,874 square foot home was built in 1950 on a lot size of 0.1902.

Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.2% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

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Multi-Family Active

Price

$ 4,795,000

Bedrooms

18

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1902

Year Built

1950

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25628853

Days on Market

4

Features
General
Living Area 6874
Heating Wall Furnace
Zoning LAR4
Year Built 1950
Stories Count 2
Levels Two
Gross Income 399961
County Los Angeles
Net Operating Income 290430
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Situated between Beverly and 3rd Street mid-block on the west side.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 14
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 8286
Standard Status Active
Cap Rate 6
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Interior
Total Stories 0
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 18
Total Baths 14
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Exterior
Parking Features Gated
Total Parking 6
Lot Size Area 8286
Number of Buildings 1
Building Area Total 6874
Lot Size Acres 0.1902
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* Excluded Features
List By
Global Platinum Properties, Inc.

Broker

arminsoleimani@gmail.com

Email

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$29,915
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$29,915
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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
12/16/2025$4,795,000 Listed Price

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161 S Burlington Avenue, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $4,795,000 with 6,874 sqft and a lot size of 0.1902. 161 S Burlington Avenue has 18 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 90057 which is in Los Angeles, CA