FOR SALE
1446 S Burlington Ave
Los Angeles, CA 90006
Pico-Union
8 Beds
6 Baths
4,164 sqft
- 8 Beds
- 6 Baths
- 4,164 sqft
8 Beds
6 Baths
4,164 sqft
Local Information
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Commute Destination
Description
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$324
Listed
32 days ago
Home Details for 1446 S Burlington Ave
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 4164 Square Feet |
Appliances & Utilities Appliances: Range/Oven |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Multi/Split |
View Has a ViewView: City |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Site |
Days on Market |
|---|
Days on Market: 32 |
Property Information |
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Year Built Year Built: 1923 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Craftsman |
Price & Status |
|---|
Price List Price: $1,350,000Price Per Sqft: $324 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Los Angeles |
Agent Information |
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Listing Agent Listing ID: 24-369359 |
Building |
|---|
Building Area Building Area: 4164 Square Feet |
Lot Information |
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Lot Area: 7305.012 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-369359 |
Last check for updates: about 15 hours ago
Listing courtesy of Armin Soleimani DRE # 01846872, (310) 666-2246
Global Platinum Properties, Inc., (424) 394-1030
Julio Ruiz DRE # 01911261, (818) 524-0706
Global Platinum Properties, Inc., (424) 394-1030
Source: CLAW, MLS#24-369359
Price History for 1446 S Burlington Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/15/2024 | $1,350,000 | Listed For Sale | CLAW #24-369359 |
| 07/21/2022 | $854,859 | Sold | CRMLS #CV21080003 |
| 04/18/2022 | $1,250,000 | Pending | CRMLS #CV21080003 |
| 04/13/2022 | $1,250,000 | PendingToActive | CRMLS #CV21080003 |
| 04/08/2022 | $1,250,000 | Contingent | CRMLS #CV21080003 |
| 02/25/2022 | $1,250,000 | PendingToActive | CRMLS #CV21080003 |
| 01/20/2022 | $1,250,000 | Contingent | CRMLS #CV21080003 |
| 09/14/2021 | $1,250,000 | Listed For Sale | CRMLS #CV21080003 |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $11,295 |
| Assessment | $854,859 |
Home facts updated by county records
Comparable Sales for 1446 S Burlington Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $850,000 | 06/09/23 | 5 | 5 | 4,218 | |
0.09 | Multi-Family Home | $1,000,000 | 08/08/23 | 16 | 6 | 3,084 | |
0.14 | Multi-Family Home | $800,000 | 07/26/23 | 5 | 4 | 3,135 | |
0.13 | Multi-Family Home | $1,190,000 | 08/24/23 | 4 | 4 | 2,498 | |
0.43 | Multi-Family Home | $1,300,000 | 11/29/23 | 8 | 4 | 4,506 | |
0.74 | Multi-Family Home | $835,000 | 06/01/23 | 7 | 6 | 4,792 | |
0.47 | Multi-Family Home | $1,650,000 | 04/19/23 | 8 | 9 | 2,950 | |
0.57 | Multi-Family Home | $810,000 | 05/20/23 | 4 | 5 | 2,604 | |
0.43 | Multi-Family Home | $1,610,000 | 10/18/23 | 16 | 8 | 5,740 | |
0.95 | Multi-Family Home | $1,250,000 | 09/21/23 | 8 | 6 | 4,208 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Pico-Union
- Trulia User
- Resident
- 7mo ago
"Not nearly enough parks or areas for dogs to socialize with other, and so much trash on the street sidewalks. The scarce grassy areas are covered in fleas. "
- Trulia User
- Resident
- 9mo ago
"To be safe always and use areas that have good lighting and try to avoid having to run errands late . The skyline is very nice when you’re looking the street vendors have lots of good deals and options to support local business owners "
- Trulia User
- Resident
- 10mo ago
"Terrible The traffic is terrible at certain times. I am looking to move closer to my job so that I don’t spend unnecessary time wasted in traffic. I believe that traffic is always bad during rush hours in the greater Los Angeles area "
- Trulia User
- Resident
- 2y ago
"been living in pico/union area since 2012 , is like every neighborhood. we have everything near restaurants , market , liquor store , busses , schools , clinics , hospital , gas stations , banks , ect. "
- Karla R. .
- Resident
- 4y ago
"Nothing is special about this neighborhood everything is kind of dangerous and nothing is in good conditions but i just used to living here"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Armin Soleimani, Global Platinum Properties, Inc.
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1446 S Burlington Ave, Los Angeles, CA 90006 is a 8 bedroom, 6 bathroom, 4,164 sqft multi-family built in 1923. 1446 S Burlington Ave is located in Pico-Union, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 15, 2024. The MLS # for this home is MLS# 24-369359.