Date
Details
Price
Change
Source
12/15/2025
Listed
$4,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$4,795,000
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Property Description
Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.2% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
Full Property Details
Full Property Details for 161 S Burlington Ave
General
- Price: $4,795,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25628853
- Updated: 12/15/2025
- Added to Site: 33 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 14
Bedrooms
- Total Bedrooms: 18
Additional Information
- Other Features: None
Parking
- Garage Description: Gated
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: Situated between Beverly and 3rd Street, mid-block on the west side.
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 6,874
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1950
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 14
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Total Bathrooms: 1
- Bedrooms: 2
Unit 9
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 11
- Total Bathrooms: 1
- Bedrooms: 1
Unit 12
- Total Bathrooms: 1
- Bedrooms: 1
Unit 13
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1902
- Lot Size: 8286
- Lot Size Source: Vendor Enhanced
- Zoning: LAR4
Financial Considerations
- Price Per Sq. Ft.: $697.56
- Assessment Year: 1950
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5154-001-012
Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 161 S Burlington Ave —
Armin Soleimani
Global Platinum Properties, Inc.
Julio Ruiz
Global Platinum Properties, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 161 S Burlington Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Union Avenue Elementary School 150 South Burlington Avenue, Los Angeles, CA 90057 | PK-5 | 0.1 mi |
Sal Castro Middle School 1575 West 2nd Street, Los Angeles, CA 90026 | 7-8 | 0.2 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 161 S Burlington Ave
Estimate the Cost
Estimate the Cost for 161 S Burlington Ave
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- Single Family
- Active
- Updated 5 hours ago
- 6Beds
- 5Total Baths
- 4,179Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 2Total Baths
- 1,635Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
- Single Family
- Active
- Updated 17 hours ago
- 2Beds
- 1Total Bath
- 840Sq. Ft.
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161 S Burlington Ave, Los Angeles, CA 90057 (MLS# 25628853) is a Multi-Family property with units containing 18 bedrooms and 0 full bathrooms. 161 S Burlington Ave is currently listed for $4,795,000 and was received on December 15, 2025. Want to learn more about 161 S Burlington Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.