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    1408 S Burlington Ave

    Los Angeles, CA 90006
    • $1,030,000
    • STATUS: Active Under Contract
    • ON SITE: 23 days
    • ID#: 20-628378
    Under Contract
    $1,030,000
    • 7
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,728
      SQFT
    • $276
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Classic 1912 Craftsman Duplex in the Pico Union District. This property boasts a perfect blend of original craftsmanship and modern updates. The first floor unit is a 3 bdrm/2 bath and the upper unit is 4 bdrm/2 bath with bonus rooms. Granite kitchen countertops in both units with modern appliances. Beautiful high ceilings, hardwood floors, brand new retrofitted foundation, updated bathrooms, electric/plumbing, and private electric gate. Parking in back for four cars, with 220 volt hook up for electric/hybrid vehicles. The property will be delivered vacant and new owner can set rental rates without restrictions. Close to DTLA and USC. Wonderful income opportunity. Live in one unit and lease out the other to offset the mortgage! A must see!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/109775052
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    1408 S Burlington Ave Los Angeles, CA 90006

    • Price: $1,030,000
    • Status: Active Under Contract
    • ID#: 20-628378
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,728
    SQFT
    $276
    $/SQFT
    1912
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Classic 1912 Craftsman Duplex in the Pico Union District. This property boasts a perfect blend of original craftsmanship and modern updates. The first floor unit is a 3 bdrm/2 bath and the upper unit is 4 bdrm/2 bath with bonus rooms. Granite kitchen countertops in both units with modern appliances. Beautiful high ceilings, hardwood floors, brand new retrofitted foundation, updated bathrooms, electric/plumbing, and private electric gate. Parking in back for four cars, with 220 volt hook up for electric/hybrid vehicles. The property will be delivered vacant and new owner can set rental rates without restrictions. Close to DTLA and USC. Wonderful income opportunity. Live in one unit and lease out the other to offset the mortgage! A must see!
    Exterior Features

    Cross Streets North Of VeniceSouth Of PicoWest Of Union Garage Structures Total 1 Levels Two Lot Size Area 4819 Other Structures None Parking Garage Covered ParkingCarport Style Craftsman Total Parking 5

    Interior Features

    Baths Total 4.00 Cooling Wall/Window Equipment Alarm SystemMicrowaveDishwasherGas Dryer Hookup Flooring Hardwood Foundation Details Quake BracingRaised Heating Floor FurnaceWall Laundry Laundry Area

    Property Features

    Assessed Total Value 692000 Gross Income 75600 Gross Operating Income 75600 Like Units1 1 Like Units2 1 Net Operating Income 56800.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN Yes Sale Type Standard Security Features Automatic Gate Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 18800 Type Of Units Duplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Anita Sever DRE#02054453 of Hugh Borax.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T23:42:43.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583