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161 S Burlington Avenue, Los Angeles, CA 90057

Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
161 S Burlington Avenue,Los Angeles, CA 90057
$4,795,000
  • 18 Beds
  • 14 Baths
  • 6,874 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25628853
Source:CRMLS

Price summary

  • Price:$4,795,000
  • Price per sq. ft.:$697.56

About this home

Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.2% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch,

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Home facts

  • Year built:1950
  • Listing ID #:25628853
  • Added:1 day(s) ago
  • Updated:December 17, 2025 at 01:35 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:14
  • Living area:6,874 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1950
  • Building area:6,874 sq. ft.
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$4,795,000
  • Price per sq. ft.:$697.56
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