161 Burlington, Los Angeles CA 90057 | $4,670,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8286 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1950
  • MLS#: 25628853
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc.. Last updated 2026-02-17 09:11:26.000000. Listing information © 2025 SANDICOR.

Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6.25% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.5% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

More Details

0.19 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985