669 S Burlington Ave, Los Angeles, CA 90057
View Photos

669 S Burlington Ave Los Angeles, CA 90057

$1,825,000 Sold Price as of 04/27/2021
  • 256 Beds
  • 128 Baths
  • 4,410 Sq.Ft.
Sold
$1,825,000 Sold Price as of 04/27/2021 Refinance Your Mortgage

Map preview of 669 S Burlington Ave, Los Angeles, CA 90057

Property Overview: 669 S Burlington Ave Los Angeles, CA has 256 bedrooms, 128 bathrooms, 4,410 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ATTENTION ALL INVESTORS AND DEVELOPERS. This is a positive cash flow income property with a 6% cap rate. RARE, permitted 3-level single family boarding house with 16 tenant occupied spacious rooms, with a shared kitchen and coined laundry machine for additional income. Beautifully detailed Victorian-style residence. Parking in the rear of the house along with a detached garage. Zone R4 for future development opportunity. Scheduled Rent Roll and OM provided upon request.

Listed by Christina Kim | BRE #01431281 | Keller Williams Larchmont
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1904
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21682198
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 16
  • # of Baths: 8
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $12,936
  • Pro Forma/Market Rent: $12,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $116,859
  • Gross Operating Income: $116,859
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 669 S Burlington Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Private, Parking Space
Property Information
  • Total # of Units: 16
  • Parcel Number: 5142007004
Location / Neighborhood
Location Information
  • Directions: From West LA. Head East on Wiilshire and South on S. Burlington.
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 669 S Burlington Ave

Last sold for $1,825,000 on April 27th, 2021
  • May, 2021

  • May 5, 2021

    Date

    Sold

    CRMLS: 21682198

    $1,825,000

    Price

  • Mar 3, 2021

    Date

    Pending

    CRMLS: 21682198

    $1,890,000

    Price

  • Jan 19, 2021

    Date

    Active

    CRMLS: 21682198

    $1,890,000

    Price

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: 21679988

    $1,825,000

    Price

  • Apr 16, 2021

    Date

    Pending

    CRMLS: 21679988

    $1,890,000

    Price

  • Feb 18, 2021

    Date

    Active Under Contract

    CRMLS: 21679988

    $1,890,000

    Price

  • Jan 19, 2021

    Date

    Active

    CRMLS: 21679988

    $1,890,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $17,500

    Price

  • January, 2018

  • Jan 17, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 669 S Burlington Ave

Assessed Value (2020): $1,306,742
Year Land Value Improved Value Assessed Value
2020 $977,976 $328,766 $1,306,742

Home Value Compared to the Market

This property vs the competition

669 S Burlington Ave sold on April 27, 2021 for 48.35% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $428.57 per/sqft which puts the price per square foot 45.82% lower than the current median sale per square foot for the city of Los Angeles.

About 669 S Burlington Ave

Detailed summary of property

669 S Burlington Ave is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 256 bedrooms, 128 bathrooms, roughly 4,410 living square feet, and sits on an approximately 7,500 square foot lot. 669 S Burlington Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,825,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.35% higher than the current median priced home. Local homes that are currently for sale include 837 S Berendo St, 910 S Catalina St and 1341 Calumet Ave. While the average home in Los Angeles, CA is selling in 100 days, 669 S Burlington Ave has a days on market of 28 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 669 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 669 S Burlington Ave

Public county record property details
Beds
16
Baths
8
Year built
1904
Sq. Ft.
4,410
Lot Size
7,499
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5142-007-004

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
$680,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$390,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
17
Median Sale to List Price %
100%
Avg Days on Market
22
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 669 S 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.