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1350 S Burlington Avenue

Los Angeles (City), CA 90006
  • $1,495,000
  • STATUS: Active
  • ON SITE: 100 Days
  • ID#: 25624485
UPDATED: 9 min ago
$1,495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,040
    SQFT
  • $297
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Jonathan Prakash of Equity Union (424-600-7620)


Description

We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 10.80 GRM and 5.53% CAP, with a clear path to a 7.44 GRM and 9.57% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T10:26:11.473. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171144394
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1350 S Burlington Avenue Los Angeles (City), CA 90006

  • Price: $1,495,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 9 min ago
  • ID#: 25624485
0
Beds
0
Baths
0
½ Baths
0.17
Acres
5,040
SQFT
$297
$/SQFT
1950
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 10.80 GRM and 5.53% CAP, with a clear path to a 7.44 GRM and 9.57% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.
Exterior Features

Parking Features Uncovered Parking Total 6

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.53 Gross Income 138441 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 82730 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T10:26:11.473. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_407413204-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_407413204-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_407413204-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Jonathan Prakash of Equity Union (424-600-7620)