428-434 S Burlington Ave ave | Los Angeles, CA 90057
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- LoopNet Team
428-434 S Burlington Ave ave
Los Angeles, CA 90057
Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Value-Add & Development Potential – Multiple garages are ideal for ADU conversion, and an oversized lot offers significant TOC Tier 3 potential.
- Desirable Courtyard Layout with 100% Bungalow Style Units – The layout of both buildings is extremely attractive for tenants.
- Attractive Parking & Amenities – Includes 18 garages, 1 open parking space, and on-site laundry facilities.
- Strong Day-One Income with Upside – The property is generating strong income with reliable tenants and substantial rental growth opportunity.
- Prime Westlake Location – Close proximity to local retail, schools, and major employment centers, with convenient access to the 110 and 101 freeways.
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.62 AC |
| Property Type | Multifamily | Building Size | 14,061 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1939 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling zone | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 14,061 SF |
| No. Stories | 1 |
| Year Built | 1939 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | LAR4 - Multiple Dwelling zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Heating
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Storage Space
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | $1,500 | - |
| 1+1 | 16 | $1,450 | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $212,339 | |
| Land Assessment | $186,069 | Total Assessment | $398,408 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$186,069
Improvements Assessment
$212,339
Total Assessment
$398,408
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