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669 S Burlington Avenue, Los Angeles, CA 90057
$1,825,000
669 S Burlington Avenue, Los Angeles, CA 90057View this property at 669 S Burlington Avenue, Los Angeles, CA 90057
669 S Burlington AvenueLos AngelesCA90057
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Property Description
ATTENTION ALL INVESTORS AND DEVELOPERS. This is a positive cash flow income property with a 6% cap rate. RARE, permitted 3-level single family boarding house with 16 tenant occupied spacious rooms, with a shared kitchen and coined laundry machine for additional income. Beautifully detailed Victorian-style residence. Parking in the rear of the house along with a detached garage. Zone R4 for future development opportunity. Scheduled Rent Roll and OM provided upon request.
Full Property Details
Full Property Details for 669 S Burlington Ave
General
- Sold For: $1,825,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 21-682198
- Added to Site: 1, 193 day(s) ago
Parking
- Parking Features: Private, Parking Space
- Parking: Private, Parking Space
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: From West LA. Head East on Wiilshire and South on S. Burlington.
Heating & Cooling
- Heating Type: Central
Structural Information
- Square Feet: 4,410
- Year Built: 1904
Unit Information
Unit 1
- Number of Units: 16
- Total Bathrooms: 8
- Bedrooms: 16
Lot Features
- Lot Size (Acres): 0.17
- Zoning: LAR4
Financial Considerations
- Price Per Sq. Ft.: $413.83
Listed by Keller Williams Larchmont, Christina Kim
Sold by Non-Participant Office, Subscriber Non
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Schools
Schools serving 669 S Burlington Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
680 Little St, Los Angeles, CA 90017 | K-5 | 0.1 mi | |
650 S Union Ave, Los Angeles, CA 90017 | 6-8 | 0.2 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 669 S Burlington Ave
Date
Details
Price
Change
Source
4/27/2021
Sold
$1,825,000
-3.44%
MLS
1/19/2021
Listed
$1,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
669 S Burlington Avenue, Los Angeles, CA 90057 (MLS# 21-682198) is a Multi-Family property that was sold at $1,825,000 on April 27, 2021. Want to learn more about 669 S Burlington Avenue? 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.