Views
Address
322 S Burlington Avenue Los Angeles, CA
Price
$ 1,390,000
Property Attributes
  • MLS#20626492
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90057
  • Style
  • Price$ 1,390,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Jessica Flores with Sync Brokerage, Inc.
Data Source:
CLAW
Property Description

Attention Investors!! Amazing opportunity to own this 2 story 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. This gem is situated just a short distance from Echo Park and downtown L.A. You'll love the views of Downtown Los Angeles! This is a great opportunity to have a great building in your portfolio to later develop if wanted. This property has a tremendous potential given its R4 Zoning. No vacancies or late rents. Plenty of upside and low operating costs, one can collect rents while applying for permits and plans. Onsite parking spaces, ample parking for tenants. The complex has 3 2BR, 1BA apartments and one 3 BR, 2BA. Walking distance to retail areas, close proximity to Good Samaritan Hospital and New Academy of Science and Art, Gratts Elementary and Primary Schools, freeways, Staples Center, L.A. Live etc. This one will not last! DO NOT DISTURB TENANTS.

Price History
9/4/2020 Listed $1,399,000
12/16/2020 1% - $1,398,000
2/18/2021 1% - $1,390,000

General Features

Community Features Gated
Facing Direction West
Heating Wall Furnace
Levels Two
MLS Area C42 - Downtown L.A.
Parking Features Assigned, Driveway, One Space
Pool Features None
Property Type Residential Income
Security Features Carbon Monoxide Detector(s), Gated Community
Sewer Other
Spa Features None
Total Units 4
View City Lights
Water Sewer Expense 8903
Zoning LAR4

Interior Features

Heating Y/N Yes
Window Features Double Pane Windows

Exterior Features

Lot Dimensions 40x140
Lot Features Front Yard
Lot Size Acres 0.12
Lot Size Area 5600
Lot Size Square Feet 5600
Lot Size Units Square Feet
Number of Buildings 1
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90057

Price
AVG $4.01M
$1.39M
Visits
AVG 35
83
Year Built
AVG 1943
1991
Walkscore
AVG 91
91
Data Provided by Walkscore ® not using MLS data

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