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1446 S Burlington Ave, Los Angeles, CA 90006
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1446 S Burlington Ave Los Angeles, CA 90006

$1,345,000
  • 9 Beds
  • 6 Baths
  • 4,164 Sq.Ft.
For Sale
$1,345,000 Get Pre-Qualified
Map preview of 1446 S Burlington Ave, Los Angeles, CA 90006

Property Overview: 1446 S Burlington Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 4,164 living square feet and 7,304 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Price just lowered! Six units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophistication at every turn. Don't miss out on this golden opportunity to make a lasting mark in the competitive real estate market - seize the moment and reap the rewards of this timeless investment!

Listed by Armin Soleimani | BRE #01846872 | Global Platinum Properties, Inc.
Co-listed by Julio Ruiz | BRE #01911261 | Global Platinum Properties, Inc.
Last checked: 13 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 49
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Home details

Lot Sq. Ft
7,304
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24369359
City
Los Angeles
County
Los Angeles
Time on Site
49 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $475
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $1,514
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $1,277
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $831
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $811
  • Pro Forma/Market Rent: $2,407
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.03%
  • Gross Rent Multiplier: 13.29
  • Gross Scheduled Income: --
  • Net Operating Income: $67,597
  • Gross Operating Income: $98,183
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1446 S Burlington Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Site
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5135019011
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From Washington, , turn North onto Burlington
View more facts & features

Local Los Angeles Agent

Sale History for 1446 S Burlington Ave

Last sold for $854,859 on July 21st, 2022

  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369359

    $1,350,000

    Price

  • April, 2022

  • Apr 18, 2022

    Date

    Pending

    CRMLS: CV21080003

    $1,250,000

    Price

  • Apr 13, 2022

    Date

    Active

    CRMLS: CV21080003

    $1,250,000

    Price

  • Apr 8, 2022

    Date

    Active Under Contract

    CRMLS: CV21080003

    $1,250,000

    Price

  • Aug 4, 2021

    Date

    Active

    CRMLS: CV21080003

    $1,250,000

    Price

  • Jul 8, 2021

    Date

    Active Under Contract

    CRMLS: CV21080003

    $1,250,000

    Price

  • Jun 16, 2021

    Date

    Price Change

    CRMLS: CV21080003

    $1,250,000

    Price

  • Apr 16, 2021

    Date

    Active

    CRMLS: CV21080003

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    Great investor opportunity! This property is all about LOCATION! Minutes from Downtown Los Angeles. Two of the units are 2 bedroom with 1 bat and four are 1 bedroom with one bath. Property has great potential and offers lots of room for rent growth. This is perfect for an investor who wants to bring the property up. Don't miss out on this great opportunity!

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Tax History for 1446 S Burlington Ave

Assessed Value (2020): $54,647
Year Land Value Improved Value Assessed Value
2020 $28,219 $26,428 $54,647

Home Value Compared to the Market

This property vs the competition

1446 S Burlington Ave is listed 9.8% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $323.01 per/sqft which puts the price per square foot 58.27% lower than the median price per square foot for the city of Los Angeles.

About 1446 S Burlington Ave

Detailed summary of property

1446 S Burlington Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 4,164 living square feet, and sits on an approximately 7,304 square foot lot. 1446 S Burlington Ave was first listed on ArdentRealEstateGroup.com on March 15, 2024. The homeowner is currently asking $1,345,000 and was originally asking $1,350,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 9.8% higher than the median priced home. Local competing homes currently for sale include 1038 W 21st St, 1731 S New England St and 1136 Arapahoe St. While the average home in Los Angeles, CA is selling in 96 days, 1446 S Burlington Ave has a days on market of 49 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1446 S Burlington Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1446 S Burlington Ave

Public county record property details
Beds
8
Baths
8
Year built
1923
Sq. Ft.
4,164
Lot Size
7,301
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5135-019-011

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
32
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

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