Homes for sale - 1627 S Burlington AVE, Los Angeles, CA 90006

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$649,000

Est. payment - /mo

6 Beds

6 Baths

2,780 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,780 sqft

Price per Sqft $233

MLS Listing ID 25510019

Bedrooms 6

HOA Y/N No

Year Built 1901

Lot Size 8,006 Sqft

Property Description

Excellent Investment Opportunity Priced to Sell! Don't miss this rare chance to own a high-performing income property near the heart of Downtown Los Angeles. This legal duplex, currently operating with six rental units, delivers consistent cash flow and strong rental demand. Sitting on a generous 8,007 sq. ft. RD1.5-zoned lot, the property also offers attractive future development potential. Additional highlights include ample parking for up to 10 vehicles with convenient alley access. Located in a high-demand rental market, this is a prime opportunity for savvy investors seeking immediate income and long-term upside. Serious buyers-only property is priced to sell and won't last, current 7.16 Cap rate and 8.81 GRM!

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating None

Cooling None

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Direct Access, Garage

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5135011017

Security Features Gated Community

Special Listing Condition Notice Of Default

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Listed by Walter Castillo • Coldwell Banker Realty

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