1627 S Burlington Avenue

    Los Angeles (City), CA 90006
    • $1,350,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 19516276
    UPDATED: 27 min ago
    $1,350,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,780
      SQFT
    • $486
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1901
    County:

    School Ratings & Info

    Description

    Development opportunity near Downtown LA, Zoning RD1.5 / 8,004, Square feet Lot. Surrounded by Multi-Million dollar projects within a short distance, centrally located minutes to Staples Center, LA Live, LA Convention center, and USC. Very convenient to public transportation and local Fwy's...Property is two stories multi-unit with multiple tenants and HUGE back yard with parking access through the alley, completely gated for privacy... The Seller will consider all reasonable offers...DRIVE-BY ONLY. Call Listing agent for more details.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T11:35:20.643. 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/99542990

    1627 S Burlington Avenue Los Angeles (City), CA 90006

    • Price: $1,350,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 19516276
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,780
    SQFT
    $486
    $/SQFT
    1901
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Development opportunity near Downtown LA, Zoning RD1.5 / 8,004, Square feet Lot. Surrounded by Multi-Million dollar projects within a short distance, centrally located minutes to Staples Center, LA Live, LA Convention center, and USC. Very convenient to public transportation and local Fwy's...Property is two stories multi-unit with multiple tenants and HUGE back yard with parking access through the alley, completely gated for privacy... The Seller will consider all reasonable offers...DRIVE-BY ONLY. Call Listing agent for more details.
    Exterior Features

    Architectural Style Traditional Lot Size Source Assessor Lot Size Units Square Feet Parking Features Gated Parking YN Yes Roof Shingle

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Flooring Carpet Laundry Features None Levels Two

    Property Features

    Cap Rate 4.23 Electric Expense 1920.00 Fuel Expense 1020.00 Gross Multiplier 20.00 Gross Operating Income 67308.00 Improvements Amount 155626 Insurance Expense 350.00 Land Value 187107 Laundry YN No Net Operating Income 57116.00 Special Listing Conditions Standard Total Expenses 10192.00 Water Sewer Expense 2400.00 Zoning Lard1.5

    Listing provided courtesy of Walter Castillo of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T11:35:20.643. 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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