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!
Sold for $660,000 on 05/16/25
$660,000
1627 S Burlington Ave, Los Angeles, CA 90006
6beds
6baths
2,780sqft
Multi Family
Built in 1901
-- sqft lot
$627,100 Zestimate®
$237/sqft
$2,430 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 06:16am
Listed by:
Walter Castillo DRE # 01141632 213-792-0940,
Coldwell Banker Realty 323-464-9272
Bought with:
Vinnie Park, DRE # 02015848
Keller Williams Larchmont
Source: CLAW,MLS#: 25510019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- None
Cooling
- None
Appliances
- Included: No Cooking Appliances, Gas Water Heater
- Laundry: None
Features
- Flooring: Carpet, Laminate, Linoleum
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,780
- Total interior livable area: 2,780 sqft
Property
Parking
- Total spaces: 10
- Parking features: Direct Access
- Uncovered spaces: 10
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 8,006 sqft
- Dimensions: 50 x 159
Details
- Additional structures: Other
- Parcel number: 5135011017
- Zoning: LARD1.5
- Special conditions: Notice Of Default
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Year built: 1901
Utilities & green energy
- Sewer: In Street
- Water: District
Community & neighborhood
Security
- Security features: Gated
Location
- Region: Los Angeles
Services availability
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Estimated market value
$627,100