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Key Details
Sold Price $880,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $371
MLS Listing ID 22123021
Sold Date 04/29/22
Bedrooms 5
HOA Y/N No
Year Built 1904
Lot Size 5,998 Sqft
Property Description
We're proud to present the exclusive listing for sale of 127 N Burlington Avenue, Los Angeles, CA 90026. Great Investment four-plex near trendy Echo Park. Los Angeles zoned LARD1.5 with long-term tenants and below market rents. Property consists of two 2-bedroom / 1-bathroom units, one 1-bedroom / 1-bathroom unit, and 1single / one-bathroom unit and 6 gated parking spaces. Top units have views of skyline, Hollywood Sign, Griffith Park Observatory. The large lot allows for a small possible subdivision of 6-unit condo development, apartment building or add 2 ADUs in the back to maximize ROI (buyer to verify). Alley allows for maximized parking access which is currently not being used. The area is in historic Filipinotown, immediately adjacent to Echo Park, and offers quick access to major public transportation, vehicle grids and a mere 5-minute drive to Downtown LA. Recent updates include new 200-amp electrical panel (master metered), iron work, asphalt driveway, parking, new paint, some updated plumbing, and updated tile work. Located within blocks of new developments this property will immediately appreciate in value.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Interior Features Attic
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven
Laundry None
Exterior
Parking Features Driveway
Roof Type Composition,Shingle
Accessibility None
Total Parking Spaces 5
Building
New Construction No
Others
Senior Community No
Tax ID 5159007010
Special Listing Condition Standard
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Bought with Cyrus Ahmadi Standard Realty