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1410 S Burlington Ave, Los Angeles, CA 90006

$1,499,000

Description

Welcome to this unique opportunity to own a 4 unit building in Los Angeles, conveniently nestled between Downtown LA, Koreatown, and USC. Two of the four units have been remodeled top to bottom including a 5 bedroom/2 bath unit and one of the 2 bedroom/1 bath units. This property shows pride of ownership. This property has easy access to the freeways and convenient access to public transportation. Ideal for an investor or owned-occupied looking to own real estate with tenant subsidizing the mortgage payments.

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Address

  • City: Los Angeles
  • State/county: CA
  • Country: United States

Detail

Updated on December 16, 2019 at 5:09 pm

  • Price: $1,499,000
  • Property Size: 3,987 Sq Ft
  • Land Area: 7,302 Sq Ft
  • Garage Size: 7
  • Year Built: 1927
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 4
  • GRM: 14.70
  • CAP RATE: 4.49%
  • Price per Unit: $374,750
  • Market GRM: 11.25
  • Market CAP RATE: 6.36%

Contact info

Dow Chang
Dow Chang
(323) 545-0164(310) 702-5501
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