$799,000
For Sale

313 S Burlington Avenue

Los Angeles, CA 90057
1550 sqft | 3 beds | 0.12 acres | #24404949
Listing OfficeThe Collective Realty
Browse 37 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

DEVELOPER OPPORTUNITY TO BUILD 24 UNITS. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.

  • Interior Details
      • Bedrooms3
  • Property Details
      • ViewCityLights
      • Stories1
    • Measurements
      • Acres0.1237
      • Square Feet1550
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Sewer InformationSewerTapPaid
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$799,000
  • Other
      • MLS #24404949

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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