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Listed price in listed location currency (USD).
$4,350,000

18146

MLS® 26783621

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6874 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $632
MLS® Number 26783621

Property Address: 161 S Burlington Ave, Los Angeles, CA, 90057

Average square foot calculated using Size range provided by listing agent.

Description

Huge ~500k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6.5% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.1% 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, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
MLS® Number26783621
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayGated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$4,350,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 27, 2026List Date
$4,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
161 S Burlington Ave, Los Angeles, CA

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