322 S Burlington Ave Los Angeles, CA 90057

$--

9 Beds
9 Baths
3,029 Sq.Ft.

Off Market

Map preview of 322 S Burlington Ave, Los Angeles, CA 90057

Property Overview: 322 S Burlington Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 3,029 living square feet and 5,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

322 S Burlington Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 322 S Burlington Ave

Last sold on June 30th, 1994

February, 2022
Feb 12, 2022

Date

Active

CRMLS: OC22027243

$1,349,000

Price
Listing provided courtesy of CRMLS

Investor opportunity with 6+ Cap Rate.... Own this 4 plex centrally located near 3rd and Union in the heart of Los Angeles. This unit is situated just a short distance from Echo Park and downtown L.A. With R4 zoning, no vacancies or late rents, there’s plenty of upside and low operating costs. Onsite parking spaces, ample parking for tenants. The complex has 3 (2BR, 1BA) apartments and 1 (3 BR, 2BA). Walking distance to retail areas, close proximity to Good Samaritan Hospital and New Academy of Science and Art, freeways, Staples Center, L.A. Live etc. PLEASE DO NOT DISTURB TENANTS

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August, 2021
Aug 23, 2021

Date

Active

CRMLS: 21768948

$1,299,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity- 4 unit apartment building centrally located near 3rd and Union in the heart of Los Angeles. Located just a short distance from Echo Park and downtown L.A., this property has 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. This one will not last! DO NOT DISTURB TENANTS

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August, 2021
Aug 22, 2021

Date

Expired

CRMLS: 20626492

$1,390,000

Price
Feb 18, 2021

Date

Price Change

CRMLS: 20626492

$1,390,000

Price
Dec 16, 2020

Date

Price Change

CRMLS: 20626492

$1,398,000

Price
Sep 4, 2020

Date

Active

CRMLS: 20626492

$1,399,000

Price
Listing provided courtesy of CRMLS

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.

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June, 1994
Jun 30, 1994

Date

Sold (Public Records)

Public Records

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Price

Tax History for 322 S Burlington Ave

Assessed Value (2020): $308,808

Year	Land Value	Improved Value	Assessed Value
2020	$261,930	$46,878	$308,808

About 322 S Burlington Ave

Detailed summary of property

322 S Burlington Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90057 and is currently off market. This property has 9 bedrooms, 9 bathrooms, roughly 3,029 living square feet, and sits on an approximately 5,600 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 1100 Wilshire Blvd #2207, 1329 Linwood Ave and 334 Belmont Ave. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 322 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 322 S Burlington Ave

Public county record property details

Beds: 9
Baths: 9
Year built: 1991
Sq. Ft.: 3,029
Lot Size: 5,600
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5153-003-029

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

Median Sale to List Price %

104.58%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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