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    322 S Burlington Ave

    Los Angeles, CA 90057
    • $1,299,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 21-768948
    UPDATED: 11 min ago
    $1,299,000
    • 9
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,029
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    Great investment opportunity- 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. Located just a short distance from Echo Park and downtown L.A., this property has tremendous potential given its R4 Zoning. No vacancies or late rents. Plenty of upside and low operating costs, one can collect rents while applying for permits and plans. Onsite parking spaces, ample parking for tenants. This one will not last! DO NOT DISTURB TENANTS

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T07:42:26.953. 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/120742415
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    322 S Burlington Ave Los Angeles, CA 90057

    • Price: $1,299,000
    • Status: Active
    • Updated: 11 min ago
    • ID#: 21-768948
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,029
    SQFT
    $429
    $/SQFT
    1991
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    Great investment opportunity- 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. Located just a short distance from Echo Park and downtown L.A., this property has tremendous potential given its R4 Zoning. No vacancies or late rents. Plenty of upside and low operating costs, one can collect rents while applying for permits and plans. Onsite parking spaces, ample parking for tenants. This one will not last! DO NOT DISTURB TENANTS
    Exterior Features

    Lot Size Area 5600 Other Structures None Parking Garage Driveway Total Parking 8

    Interior Features

    Baths Total 9.00 Cooling Window Unit(S) Equipment Built-Ins Heating Wall

    Property Features

    Assessed Total Value 308808 Gross Income 81600 Gross Operating Income 81600 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 60197.88 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 21396 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Sierus Erdelyi DRE#01870547 of Truline Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-23T07:42:26.953. 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