- 2 beds
- 1 bath
- 2,778 sqft
- 5,172 sqft lot
- $359 per sqft
- 1923 build
- – on site
Owner User Opportunity with Vacant freestanding 2+1 Bungalow with 4 additional 1+1 Bungalows. Property is 40% vacant (2 of 5 units). As the exclusive listing agent, we are pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778 SF, sitting on an elevated corner lot with a vacant detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 35% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical, roofing,and plumbing under the current ownership. Delivered 40% vacant (2 of 5 units), the property provides the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a unique corner lot property for both investors and owner-users in a high-demand rental pocket surrounded by new development and continued gentrification. The Burlington is situated in Westlake North, a diverse and vibrant neighborhood. The property is located close to Echo Park, Hollywood, Koreatown,and Downtown Los Angeles, providing easy access to cultural and commercial hotspots. Westlake North offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants, and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.
Last checked:
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Last updated Jul 18, 2025
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MLS# SR25160896 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1923
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:5
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Structure Type:House
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Stories Total:1
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Entry Level:1
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Common Walls:1 Common Wall
Interior
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Levels:One
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Entry Location:front
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Room Type:Kitchen
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:None
Room Dimensions
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Living Area:2778.00
Location
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Directions:3rd and Burlington
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Latitude:34.06131100
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Longitude:-118.26854600
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAC2
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Lot Features:Corner Lot
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Lot Size Area:5172.0000
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Lot Size Acres:0.1187
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Lot Size SqFt:5172.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2084.01
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Tax Tract:6795
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Tax Lot:1
Beds
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Total Bedrooms:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Main Level Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5153002001
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:3.00
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Attached Garage:Yes
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Garage Spaces:3.00
Monthly cost estimate

Asking price
$998,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,343
|
Taxes | N/A |
Insurance | $274 |
Utilities | $167 See report |
Total | $5,784/mo.* |
*This is an estimate |
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/17/25
Jul 17, 2025
|
Listed / Active | CRMLS_CA | $998,000 | 59.7% (6.0% / YR) |
6/30/25
Jun 30, 2025
|
Price Changed | CRMLS_CA | ||
6/25/25
Jun 25, 2025
|
Price Changed | CRMLS_CA |

45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $180k above asking price on average, but some went as high as $369k over asking price.