1405 S Burlington Avenue

    Los Angeles (City), CA 90006
    • $1,650,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: 19496786
    UPDATED: 20 min ago
    $1,650,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,615
      SQFT
    • $358
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:

    School Ratings & Info

    Description

    Rosano Partners is pleased to present the opportunity to acquire a seven unit apartment building located in the Pico-Union sub-market. Built in 1895/1981, the subject property offers a unit mix of 1 single, 4 one-bedroom one-bathroom, 1 two-bedroom one-bathroom, and 1 three-bedroom two-bathroom. Gas and electricity are separately metered while water is mastered. The construction is made up of stucco and wood-frame and accommodates 7 parking spots for on-site tenants. Buyer to verify all information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T07:32:00.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/97632102

    1405 S Burlington Avenue Los Angeles (City), CA 90006

    • Price: $1,650,000
    • Status: Active
    • Updated: 20 min ago
    • ID#: 19496786
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,615
    SQFT
    $358
    $/SQFT
    1895
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Rosano Partners is pleased to present the opportunity to acquire a seven unit apartment building located in the Pico-Union sub-market. Built in 1895/1981, the subject property offers a unit mix of 1 single, 4 one-bedroom one-bathroom, 1 two-bedroom one-bathroom, and 1 three-bedroom two-bathroom. Gas and electricity are separately metered while water is mastered. The construction is made up of stucco and wood-frame and accommodates 7 parking spots for on-site tenants. Buyer to verify all information.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 16.26 Gross Operating Income 103944.00 Improvements Amount 186432 Improvements Percent 24.41 Land Value 577201 Laundry YN Yes Net Operating Income 62448.00 Special Listing Conditions Standard Total Expenses 38378.00 Zoning Lard1.5

    Listing provided courtesy of Bo Hyeok Kim of Rosano Partners


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T07:32:00.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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