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1627 S Burlington Ave
Los Angeles, CA 90006
Multifamily Property For Sale
·
7 Units
Investment Highlights
- High-Performing Duplex – Improved to operate as 7 rental units with strong cash flow.
- Development Ready – RTI plans approved for 4 additional ADUs on an 8,007 SF RD1.5 lot with wide alley access.
- Multifamily | 7 Units | $142,828/unit
- Vacancy Advantage – 5 vacant units ready for lease-up or repositioning.
- Strong Returns – Current 8.4% CAP rate and 8.8 GRM, with projected +$10,000/month additional rental income after ADUs.
- Prime Location – Near Downtown LA, USC, and major freeways, in a high-demand rental market.
Property Facts
| No. Units | 7 | Building Size | 3,932 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1901/2000 |
| Building Class | C | Parking Ratio | 3.6/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | 1.5 - RD1.5 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,932 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1901/2000 |
| Parking Ratio | 3.6/1,000 SF |
| Zoning | 1.5 - RD1.5 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | $1,049 | 100 - 200 |
| 1+1 | 2 | $1,534 | 300 - 500 |
Property Taxes
| Parcel Number | 5135-011-017 | Improvements Assessment | $180,613 |
| Land Assessment | $217,150 | Total Assessment | $397,763 |
Property Taxes
Parcel Number
5135-011-017
Land Assessment
$217,150
Improvements Assessment
$180,613
Total Assessment
$397,763
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