307 S Burlington Avenue
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 5,397 sqft lot
- 1925 build
- – on site
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 44% 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.
Listed By CRMLS_CA / Sean Rosenzweig / Marcus & Millichap
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Last updated Apr 9, 2024
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MLS# 24374935 —
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Bike Score®
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Transit Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/1/24
Apr 1, 2024
|
Listed / Active | CRMLS_CA | $1,300,000 | |
9/26/23
Sep 26, 2023
|
Price Changed | CRMLS_CA | ||
8/2/23
Aug 2, 2023
|
Listed / Active | CRMLS_CA |