Los Angeles, CA 90026,127 N BURLINGTON AVE
Los Angeles, CA 90026,127 N BURLINGTON AVE
Los Angeles, CA 90026,127 N BURLINGTON AVE
$880,000
Est. payment /mo
$950,000
7.4%
Est.Price: ?

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5 Beds
4 Baths
2,369 SqFt
SOLD DATE : 04/29/2022

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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CRMLS – RECore
Listed by David Bramante Levine Realtors
Bought with Cyrus Ahmadi Standard Realty

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agent

Rolf & Gina Rawson

+1(951) 695-2951

Broker | License ID: 01816225

Broker License ID: 01816225

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