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
$134k/unit and $141/sqft. The property is currently
operating at a 6.68% CAP and 8.30 GRM. There is still
over 51% upside available once the property is
stabilized. The property is master metered for gas
and electric.
The building is comprised of (26) apartment units
and (6) Retail Spaces – consistent of (13)
1Bed+1Bath, (13) Studio+1Bath. Currently (2)
studio/1-bath units are vacant, offering immediate
upside in rental income.
694 S Burlington Ave is conveniently located just
minutes from Downtown Los Angeles, with easy
access to the 10 and 110 freeways. There are many
shops, restaurants and amenities nearby, making
this an ideal location for renters.
located in the Pico Union neighborhood. This
massive 30,319 sqft building is offered at only
$134k/unit and $141/sqft. The property is currently
operating at a 6.68% CAP and 8.30 GRM. There is still
over 51% upside available once the property is
stabilized. The property is master metered for gas
and electric.
The building is comprised of (26) apartment units
and (6) Retail Spaces – consistent of (13)
1Bed+1Bath, (13) Studio+1Bath. Currently (2)
studio/1-bath units are vacant, offering immediate
upside in rental income.
694 S Burlington Ave is conveniently located just
minutes from Downtown Los Angeles, with easy
access to the 10 and 110 freeways. There are many
shops, restaurants and amenities nearby, making
this an ideal location for renters.
Property Details
Price:
$4,300,000
MLS #:
SB25137279
Status:
Active
Baths:
0
Address:
694 S Burlington Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jun 18, 2025
State:
CA
ZIP:
90057
Lot Size:
22,530 sqft / 0.52 acres (approx)
Year Built:
1913
See this Listing
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Map
Community
- Address694 S Burlington Avenue Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
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694 S Burlington Avenue
Los Angeles, CA
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