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250 S Burlington Ave, Los Angeles, CA 90057
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250 S Burlington Ave Los Angeles, CA 90057

$2,200,000 Sold Price as of 11/10/2020
  • 12 Beds
  • 10 Baths
  • -- Sq.Ft.
Sold
$2,200,000 Sold Price as of 11/10/2020 Refinance Your Mortgage
Map preview of 250 S Burlington Ave, Los Angeles, CA 90057

Property Overview: 250 S Burlington Ave Los Angeles, CA has 12 bedrooms, 10 bathrooms, -- living square feet and 4,864 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors! Brand new building with excellent income! Featuring four separately metered and separately addressed townhome-style units. There are fifth meters for both exterior water and electric, for easy management. The interiors have been completed to a high standard of design with beautiful two-tone kitchens featuring all stainless steel appliances and fully tiled backsplash. Unlike most builds you see, these bathrooms have beautiful tiles and finishes throughout giving them great personality. There are eight parking spaces in total, two per unit. Completely gated with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA.

Listed by Maria Anderson | BRE #01874132 | Phoenix RE Consulting
Co-listed by Mark Anderson | BRE #01899603 | Phoenix RE Consulting
Last checked: 8 minutes ago | Last updated: October 6th, 2022 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
4,864
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20622958
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.69
  • Gross Scheduled Income: --
  • Net Operating Income: $120,386
  • Gross Operating Income: $150,156
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $27,000
  • Insurance: $2,500
  • Water/Sewer: $100

Property Details for 250 S Burlington Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Window Features: Double Pane Windows, Blinds
  • Security Features: Automatic Gate, Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5153002010
Location / Neighborhood
Location Information
  • Directions: 3rd St with Burlington
View more facts & features

Local Los Angeles Agent

Sale History for 250 S Burlington Ave

Last leased for $3,800 on October 4th, 2022

  • October, 2022

  • Oct 4, 2022

    Date

    Leased

    CRMLS: 22203757

    $3,800

    Price

  • Sep 27, 2022

    Date

    Active

    CRMLS: 22203757

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this 3 bedroom and 2.5 bathroom in the up and coming Westlake neighborhood. This tri-level unit offers beautiful modern interior design with many windows throughout the home providing much brightness during the day. Enjoy the experience of comfort living from built-in stainless steel appliances, in-unit washer and dryer, 2 parking spaces, and the convenience of being in close proximity to Downtown, Silverlake, Hollywood, Echo Park, Koreatown and easy access to the 101 and 110 freeways.

  • November, 2020

  • Nov 23, 2020

    Date

    Sold

    CRMLS: 20622958

    $2,200,000

    Price

  • Oct 21, 2020

    Date

    Pending

    CRMLS: 20622958

    $2,290,000

    Price

  • Oct 15, 2020

    Date

    Price Change

    CRMLS: 20622958

    $2,290,000

    Price

  • Sep 16, 2020

    Date

    Price Change

    CRMLS: 20622958

    $2,299,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: 20622958

    $2,325,000

    Price

  • November, 2020

  • Nov 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

  • August, 2020

  • Aug 18, 2020

    Date

    Canceled

    CRMLS: 20590078

    $2,390,000

    Price

  • Aug 7, 2020

    Date

    Price Change

    CRMLS: 20590078

    $2,390,000

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: 20590078

    $2,399,000

    Price

  • Listing provided courtesy of CRMLS

    All four units are Leased. This brand new, modern fourplex is an investor's dream. Located just a short distance west of Downtown LA, the property features four separately metered and separately addressed townhome-style units. Fifth meters for both exterior water and electric for easy management. The interiors have been completed to a high standard of design with beautiful modern two-tone kitchens with all stainless steel appliances. The contemporary bathrooms feature individual styling with gorgeous tiles and fixtures throughout. There are eight parking spaces in total, (two per unit.) Completely gated and with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA. Minutes away from Dodger Stadium, Staples Center and Echo Park with easy access to the 101 and 110 freeways. Walkscore of 91! Call LA 1 for showings

  • July, 2020

  • Jul 8, 2020

    Date

    Leased

    CRMLS: 20590746

    $3,200

    Price

  • Jun 14, 2020

    Date

    Active

    CRMLS: 20590746

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous NEW unit will charm you with its open concept kitchen and dining room - Perfect for entertaining! You have three bedrooms, two baths plus half bathroom for your guests, to make yourself right at home. All units have sleek, modern kitchens with stainless appliances. Kitchens open into large living room areas that are perfect for entertaining. Beautiful floors throughout. Beautiful bathrooms with custom tile and stylish fixtures. Come see this turn-key property which features two units with 3 bedrooms and 2.5 bathrooms and two other units are 3 bedrooms and 3.5 bathrooms. The property is in a very desirable location with easy access to all the designer stores, bars, restaurants and attractions of nearby Hollywood, Koreatown, downtown and Silverlake. Offers easy access to the 101 and 110 freeways.

  • July, 2020

  • Jul 8, 2020

    Date

    Leased

    CRMLS: 20590740

    $3,200

    Price

  • Jun 14, 2020

    Date

    Active

    CRMLS: 20590740

    $3,200

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous NEW unit will charm you with its open concept kitchen and dining room - Perfect for entertaining! You have three bedrooms, two baths plus half bathroom for your guests, to make yourself right at home. All units have sleek, modern kitchens with stainless appliances. Kitchens open into large living room areas that are perfect for entertaining. Beautiful floors throughout. Beautiful bathrooms with custom tile and stylish fixtures. Come see this turn-key property which features two units with 3 bedrooms and 2.5 bathrooms and two other units are 3 bedrooms and 3.5 bathrooms. The property is in a very desirable location with easy access to all the designer stores, bars, restaurants and attractions of nearby Hollywood, Koreatown, downtown and Silverlake. Offers easy access to the 101 and 110 freeways.

  • June, 2020

  • Jun 10, 2020

    Date

    Canceled

    CRMLS: 20570920

    $2,325,000

    Price

  • Apr 24, 2020

    Date

    Price Change

    CRMLS: 20570920

    $2,325,000

    Price

  • Apr 15, 2020

    Date

    Active

    CRMLS: 20570920

    $2,499,000

    Price

  • Listing provided courtesy of CRMLS

    This brand new, modern fourplex is an investor's dream. Located just a short distance west of Downtown LA, it features four separately metered and separately addressed townhome-style units. Fifth meters for both exterior water and electric for easy management. The interiors have been completed to a high standard of design with beautiful modern two-tone kitchens with all stainless appliances. The contemporary bathrooms have many individual styles featuring gorgeous tiles and fixtures throughout. There are eight parking spaces in total, two per unit. Completely gated and with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA. Minutes away from Dodger Stadium, Staples Center and Echo Park with easy access to the 101 and 110 freeways. Walkscore of 91! Call LA 1 for showings.

  • June, 2020

  • Jun 10, 2020

    Date

    Canceled

    CRMLS: 20561764

    $3,200

    Price

  • May 24, 2020

    Date

    Price Change

    CRMLS: 20561764

    $3,200

    Price

  • Apr 29, 2020

    Date

    Price Change

    CRMLS: 20561764

    $3,300

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: 20561764

    $3,499

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous NEW unit will charm you with its open concept kitchen and dining room - Perfect for entertaining! You have three bedrooms, two baths plus half bathroom for your guests, to make yourself right at home. All units have sleek, modern kitchens with stainless appliances. Kitchens open into large living room areas that are perfect for entertaining. Beautiful floors throughout. Beautiful bathrooms with custom tile and stylish fixtures. Come see this turn-key property which features two units with 3 bedrooms and 2.5 bathrooms and two other units are 3 bedrooms and 3.5 bathrooms. The property is in a very desirable location with easy access to all the designer stores, bars, restaurants and attractions of nearby Hollywood, Koreatown, downtown and Silverlake. Offers easy access to the 101 and 110 freeways.

  • June, 2020

  • Jun 5, 2020

    Date

    Leased

    CRMLS: 20562986

    $3,300

    Price

  • May 24, 2020

    Date

    Price Change

    CRMLS: 20562986

    $3,300

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: 20562986

    $3,499

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous NEW unit will charm you with its open concept kitchen and dining room - Perfect for entertaining! You have three bedrooms, three baths plus half bathroom for your guests, to make yourself right at home. All units have sleek, modern kitchens with stainless appliances. Kitchens open into a living room areas that are perfect for entertaining. Beautiful floors throughout. Beautiful bathrooms with custom tile and stylish fixtures. Come see this turn-key property which features two units with 3 bedrooms and 3.5 bathrooms and two other units are 3 bedrooms and 2.5 bathrooms. The property is in a very desirable location with easy access to all the designer stores, bars, restaurants and attractions of nearby Hollywood, Koreatown, downtown and Silverlake. Offers easy access to the 101 and 110 freeways.

  • March, 2020

  • Mar 14, 2020

    Date

    Canceled

    CRMLS: 20551502

    $2,499,000

    Price

  • Feb 14, 2020

    Date

    Active

    CRMLS: 20551502

    $2,499,000

    Price

  • Listing provided courtesy of CRMLS

    This brand new, modern fourplex is an investor's dream. Located just above the heart of Downtown LA featuring four separately metered and separately addressed units. The interiors ofeach unit have been completed to a very high standard of design with beautiful flooring, modern two-tone kitchens, contemporary bathrooms with lovely tiling throughout. There areeight parking spaces. Tankless water heaters. Choosing this building as your next investment has never been easier. Surrounded by decades-old buildings, this brand new ground-up buildis sure to give any new owner peace of mind and a great income. Located in a great neighborhood in close proximity to several medical centers and a very short commute to DowntownLA. It gives its tenants close proximity to great amenities such as Dodger Stadium and Staples Center offers easy access to the 101 and 110 freeways. Added bonus, a Walkscore of 91!Call, this won't last!

  • February, 2020

  • Feb 13, 2020

    Date

    Canceled

    CRMLS: 19529716

    $2,550,000

    Price

  • Feb 5, 2020

    Date

    Active

    CRMLS: 19529716

    $2,550,000

    Price

  • Dec 3, 2019

    Date

    Pending

    CRMLS: 19529716

    $2,550,000

    Price

  • Nov 13, 2019

    Date

    Active

    CRMLS: 19529716

    $2,550,000

    Price

  • Listing provided courtesy of CRMLS

    This brand new, modern fourplex is an investor's dream. Located just above the heart of Downtown LA featuring four separately metered and separately addressed units. The interiors of each unit have been completed to a very high standard of design with beautiful flooring, modern two-tone kitchens, contemporary bathrooms with lovely tiling throughout. There are eight parking spaces. Tankless water heaters. Choosing this building as your next investment has never been easier. Surrounded by decades-old buildings, this brand new ground-up build is sure to give any new owner peace of mind and a great income. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA. It gives its tenants close proximity to great amenities such as Dodger Stadium and Staples Center offers easy access to the 101 and 110 freeways. Added bonus, a Walkscore of 91! Call, this won't last!

  • July, 2018

  • Jul 28, 2018

    Date

    Sold

    CRMLS: 18345980

    $900,000

    Price

  • Jul 6, 2018

    Date

    Pending

    CRMLS: 18345980

    $950,000

    Price

  • Jun 9, 2018

    Date

    Active Under Contract

    CRMLS: 18345980

    $950,000

    Price

  • May 31, 2018

    Date

    Active

    CRMLS: 18345980

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Delivered Shovel Ready! Opportunity to develop FOUR 3-story townhomes (4 UNITS TOTAL) in the rapidly developing Westlake area. t. Unit mix consists of four tri-level townhouse style units of two 3 bedrooms with 2.5 bathrooms and two 3 bedrooms with 3.5 bathrooms all with 2 parking spaces per unit and each unit size average of 1,394+/- Sq Ft with private deck and balconies on each floor. Current building is vacant. Ideally located in the heart of Westlake area with convenient access to 101 & 110 freeways and close proximity to retail, shopping, restaurants and just minutes away from Downtown LA and the Dodger Stadium. SELLER WILL DELIVER PROJECT READY-TO-ISSUE PERMITS. Property is vacant. Buyers to verify all info and rely on their own investigation. Marketing package available upon request

  • July, 2018

  • Jul 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • November, 2017

  • Nov 2, 2017

    Date

    Price Change

    CRMLS: 170037577

    $520,000

    Price

  • Sep 26, 2017

    Date

    Pending

    CRMLS: 170037577

    $600,000

    Price

  • Aug 25, 2017

    Date

    Active

    CRMLS: 170037577

    $600,000

    Price

  • Aug 14, 2017

    Date

    Pending

    CRMLS: 170037577

    $600,000

    Price

  • Jul 18, 2017

    Date

    Active

    CRMLS: 170037577

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment/developer opportunity here. Just a couple of blocks to DTLA, this corner lot has 4,634 sqft that's in a prime location. There are currently two older homes ready for renovation. The possibilities are endless, build your dream home, or build your own income property. This mixed use lot in the Westlake district, is conveniently located close to 110, 101, 5 and 10 freeways, close to public transportations and just a few minutes from Hollywood, Dodger Stadium, Staples Center and LA Live! Neighborhoods: 3rd St Other Fees: 0 Sewer: Sewer Connected Topography: LL

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Tax History for 250 S Burlington Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $918,000 -- --

Home Value Compared to the Market

This property vs the competition

250 S Burlington Ave sold on November 10, 2020 for 92.44% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 250 S Burlington Ave

Detailed summary of property

250 S Burlington Ave is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 12 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 4,864 square foot lot. 250 S Burlington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,200,000. 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 92.44% higher than the current median priced home. Local homes that are currently for sale include 1120 Logan St, 1840 11th Pl and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 93 days, 250 S Burlington Ave has a days on market of 56 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 250 S Burlington Ave Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 250 S Burlington Ave

Public county record property details
Beds
3
Baths
2
Year built
1916
Sq. Ft.
1,303
Lot Size
4,864
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5153-002-010

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
13
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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