694 S Burlington Avenue, Los Angeles, CA 90057
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
694 S Burlington Avenue,Los Angeles, CA 90057
$4,125,000
- - Beds
- - Baths
- 30,319 sq. ft.
- Multi-family
- Active
Listed by:cameron samimi
Office:lyon stahl investment real estate, inc.
MLS#:SB25223742
Source:CRMLS
Price summary
- Price:$4,125,000
- Price per sq. ft.:$136.05
About this home
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $128k/unit and $136/sqft. The property is currently operating at a 7.01% CAP and 7.96 GRM. There is still over 51% upside available once the property is stabilized. The property is individually metered for gas and electric.
The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income.
694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
Contact an agent
Home facts
- Year built:1913
- Listing ID #:SB25223742
- Added:1 day(s) ago
- Updated:September 23, 2025 at 11:24 PM
Rooms and interior
- Living area:30,319 sq. ft.
Structure and exterior
- Year built:1913
- Building area:30,319 sq. ft.
- Lot area:0.52 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,125,000
- Price per sq. ft.:$136.05
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