227 N Burlington Ave, Los Angeles, CA 90026
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227 N Burlington Ave Los Angeles, CA 90026

$885,000 Sold Price as of 10/18/2023
  • 4 Beds
  • 3 Baths
  • 2,414 Sq.Ft.
Sold
$885,000 Sold Price as of 10/18/2023 Refinance Your Mortgage

Map preview of 227 N Burlington Ave, Los Angeles, CA 90026

Property Overview: 227 N Burlington Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,414 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: REDUCED! We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.

Listed by Dario Svidler | BRE #01884474 | Keller Williams Beverly Hills
Co-listed by Arman Mahmoodi | BRE #01945581 | Keller Williams Beverly Hills
Last checked: 12 minutes ago | Last updated: October 19th, 2023 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23298586
City
Los Angeles
County
Los Angeles
Time on Site
284 days

Property Details for 227 N Burlington Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
  • Family Room, Living Room, Primary Bathroom, Bonus Room
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Street
  • No Attached Garage
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 5159006006
  • Architectural Style: Traditional
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N of Beverly Blvd, S of Temple St, W of Union Ave, E of Alvarado St
View more facts & features

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Sale History for 227 N Burlington Ave

Last sold for $885,000 on October 18th, 2023
  • October, 2023

  • Oct 18, 2023

    Date

    Sold

    CRMLS: 23298579

    $885,000

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: 23298579

    $995,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2023

  • Oct 18, 2023

    Date

    Sold

    CRMLS: 23298586

    $885,000

    Price

  • Aug 7, 2023

    Date

    Active

    CRMLS: 23298586

    $995,000

    Price

  • July, 2023

  • Jul 18, 2023

    Date

    Canceled

    CRMLS: 23243985

    $1,049,000

    Price

  • Feb 21, 2023

    Date

    Active

    CRMLS: 23243985

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.

  • July, 2023

  • Jul 18, 2023

    Date

    Canceled

    CRMLS: 23243991

    $1,049,000

    Price

  • Feb 21, 2023

    Date

    Active

    CRMLS: 23243991

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.

  • January, 2023

  • Jan 19, 2023

    Date

    Active

    CRMLS: 23243941

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.

  • November, 2021

  • Nov 30, 2021

    Date

    Sold

    CRMLS: DW21230523

    $1,200,000

    Price

  • Oct 18, 2021

    Date

    Active

    CRMLS: DW21230523

    $1,199,999

    Price

  • Listing provided courtesy of CRMLS

    Great location in Trendy Echo Park, Los Angeles. Its where you want to be, lots of shops, close to everything. Great opportunity for your investor or developers, house needs a TLC.

  • February, 2000

  • Feb 7, 2000

    Date

    Sold (Public Records)

    Public Records

    $1,000

    Price

  • March, 1999

  • Mar 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $159,000

    Price

Show More

Tax History for 227 N Burlington Ave

Assessed Value (2020): $227,903
Year Land Value Improved Value Assessed Value
2020 $170,574 $57,329 $227,903

Home Value Compared to the Market

This property vs the competition

227 N Burlington Ave sold on October 18, 2023 for 16.39% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $412.18 per/sqft which puts the price per square foot 45.41% lower than the current median sale per square foot for the city of Los Angeles.

About 227 N Burlington Ave

Detailed summary of property

227 N Burlington Ave is a single family home that recently sold in Los Angeles, CA 90026. This house offered 4 bedrooms, 3 bathrooms, roughly 2,414 living square feet, and sits on an approximately 6,000 square foot lot. 227 N Burlington Ave was first listed on ArdentRealEstateGroup.com on August 7, 2023. The homeowner sold the property for $885,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.39% lower than the current median priced home. Local homes that are currently for sale include 880 W 1st St #101, 880 W 1st St #202 and 820 Columbia Ave. While the average home in Los Angeles, CA is selling in 92 days, 227 N Burlington Ave has a days on market of 58 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 227 N Burlington Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 227 N Burlington Ave

Public county record property details
Beds
4
Baths
3
Year built
1950
Sq. Ft.
2,414
Lot Size
6,000
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5159-006-006

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 227 N Burlington Ave

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.