Log In/Sign Up
Your email has been sent.
1703 S Burlington Ave 4 Unit Apartment Building $1,295,000 ($323,750/Unit) 5.81% Cap Rate Los Angeles, CA 90006
Investment Highlights
- White Picket Fence Landscaping
- Completely Turnkey with 2 units Vacant
- Expansive Parking Field with 8 Parking Spaces
Executive Summary
We are proud to present a rare opportunity to acquire a fully renovated 4-unit Craftsman compound on Burlington Ave, offering a true "turnkey" investment in one of Los Angeles' most central rental corridors. Comprised of a duplex and a single-family residence with an attached ADU, this thoughtfully re-imagined property has undergone a comprehensive remodel featuring mini-split HVAC systems, modern laminate flooring, stainless steel appliances, quartz countertops, and more. Most of the units are equipped with in-unit laundry, catering to today's tenant expectations and maximizing rental appeal. The property offers spacious and efficient layouts, including two-bedroom units exceeding 1,100 SF, a one-bedroom unit over 800 SF, and a well-designed studio space over 600 SF providing flexibility for a wide range of tenant profiles. The charming front yard is highlighted by a white picket fence, shaded patio, and a parking field with a total of 7 spaces, creating a welcoming, residential feel that sets this asset apart from typical multifamily offerings. Strategically located just minutes from University of Southern California, Exposition Park, BMO Stadium, and Downtown Los Angeles, the property benefits from strong and consistent rental demand. Immediate access to the 110 and 10 Freeways ensures seamless connectivity across the city. This is an ideal opportunity for both investors seeking stabilized, low-maintenance income and owner-users looking to capitalize on a high-quality, income-producing asset.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,295,000 | Apartment Style | Garden |
| Price Per Unit | $323,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.81% | Building Size | 3,604 SF |
| Gross Rent Multiplier | 11.56 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1919/2026 |
| Property Subtype | Apartment | Parking Ratio | 2.22/1,000 SF |
| Zoning | R1.5 - HOWARD TRACT LOT 16 | ||
| Price | $1,295,000 |
| Price Per Unit | $323,750 |
| Sale Type | Investment |
| Cap Rate | 5.81% |
| Gross Rent Multiplier | 11.56 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,604 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1919/2026 |
| Parking Ratio | 2.22/1,000 SF |
| Zoning | R1.5 - HOWARD TRACT LOT 16 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,995 | 500 |
| 1+1 | 1 | $2,095 | 864 |
| 2+1 | 2 | $2,623 | 1,120 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5135-011-014 | Improvements Assessment | $111,550 (2025) |
| Land Assessment | $669,309 (2025) | Total Assessment | $780,859 (2025) |
Property Taxes
Parcel Number
5135-011-014
Land Assessment
$669,309 (2025)
Improvements Assessment
$111,550 (2025)
Total Assessment
$780,859 (2025)
1 of 90
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1703 S Burlington Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.