We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 11.56 GRM and 5.09% CAP, with a clear path to a 7.96 GRM and 8.86% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.
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Listing Snapshot
Price
$1,600,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
5,040 sqft
Total Baths
12
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1677 Acres
Year Built
1950
MLS® Number
25624485
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
36 minutes ago
Listing updated with changes from the MLS®
9 hours ago
Listing first seen on site
General Features
Acres
0.1677
Levels
Two
Number Of Stories
2
Parking Spaces
6
Special Circumstances
Standard
SqFt Total
5040
Zoning
LARD1.5
Interior Features
Heating
Wall Furnace
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Community Features
MLS Area
C42 - Downtown L.A.
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
With a track record exceeding $500 Million in real estate transactions, the Team Lloyd & Associates dedicates itself to delivering a personalized real estate journey for every client.
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