1627 S Burlington Avenue, Los Angeles, CA 90006

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
1627 S Burlington Avenue,Los Angeles, CA 90006
$999,800
  • 6 Beds
  • 6 Baths
  • 2,780 sq. ft.
  • Multi-family
  • Active
Listed by:vinnie park
Office:keller williams larchmont
MLS#:25585009
Source:CRMLS

Price summary

  • Price:$999,800
  • Price per sq. ft.:$359.64

About this home

Excellent Investment & Development Opportunity, Priced to Sell! Don't miss this rare chance to own a high-performing income property with immediate upside near the heart of Downtown Los Angeles. This legal duplex has been improved with four legally converted bedrooms into independent units per LADBS, effectively operating as six rental units. The property already delivers strong rental demand and consistent cash flow, plus three vacant units ready for lease-up or repositioning.The property sits on a generous 8,007 sq. ft. RD1.5-zoned lot and comes with RTI plans for four additional units, allowing investors to unlock the full potential of the huge backyard with wide alley access. Once completed, the four ADUs are expected to generate approximately $10,000 per month in additional rental income, creating a powerful long-term value-add opportunity while benefiting from the property's existing income stream.Investment highlights include an attractive CURRENT 6.5% CAP rate and 10.5 GRM,

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Home facts

  • Year built:1901
  • Listing ID #:25585009
  • Added:1 day(s) ago
  • Updated:August 31, 2025 at 04:26 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Living area:2,780 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1901
  • Building area:2,780 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$999,800
  • Price per sq. ft.:$359.64
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