307 S Burlington Avenue
Los Angeles, CA 90057
3976 sqft | 2 beds | 0.12 acres | #24374935
Description
I am pleased to offer for sale a 10-unit apartment community located at 307 South Burlington Avenue. The subject property is located south of 3rdStreet within the Westlake sub-market, which borders three thriving markets Koreatown, Downtown, and Echo Park. Situated on a 5,397 square foot parcel, the property is comprised of four singles, four studios, and two one-bedroom units. The property has 39% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 307 South Burlington Avenue an excellent acquisition opportunity.
Interior Details
- Bedrooms2
Property Details
- Stories2
Measurements
- Acres0.1239
- Square Feet3976
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1925
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,300,000
Other
- MLS #24374935
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Sean Rosenzweig (#CLW-C107850)
Listing Office: Marcus & Millichap (#CLW-X7515101)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
