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694 S Burlington Avenue, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:CENTURY 21 Discovery
694 S Burlington Avenue,Los Angeles, CA 90057
$3,900,000
  • - Beds
  • - Baths
  • 30,319 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi, christopher bald
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26135648
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$128.63

About this home

694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an investor a clear path to substantial future income growth. 694 S Burlington Ave is individually metered for gas and electric, helping reduce utility exposure and improve operating efficiency....

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Home facts

  • Year built:1913
  • Listing ID #:SB26135648
  • Added:109 day(s) ago
  • Updated:October 25, 2026 at 10:54 AM

Rooms and interior

  • Living area:30,319 sq. ft.

Structure and exterior

  • Year built:1913
  • Building area:30,319 sq. ft.
  • Lot area:0.52 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$128.63

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:3
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Discovery is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Discovery, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Stephanie Goedl

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