Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-08-07 08:12:19.000000. Listing information © 2025 Sandicor.
Asking Price: $4,300,000 |
694 Burlington, Los Angeles CA 90057
Community: 699 - Not Defined
This Commercial/Residential property was built in 1913 and is priced at $4,300,000. Please see the additional details below.
694 S Burlington Ave is a 32-unit mixed use building
located in the Pico Union neighborhood. This
massive 30,319 sqft building is offered at only
$134k/unit and $141/sqft. The property is currently
operating at a 6.68% CAP and 8.30 GRM. There is still
over 51% upside available once the property is
stabilized. The property is individually metered for gas
and electricity.
The building is comprised of (26) apartment units
and (6) Retail Spaces - consistent of (13)
1Bed+1Bath, (13) Studio+1Bath. Currently (2)
studio/1-bath units are vacant, offering immediate
upside in rental income.
694 S Burlington Ave is conveniently located just
minutes from Downtown Los Angeles, with easy
access to the 10 and 110 freeways. There are many
shops, restaurants and amenities nearby, making
this an ideal location for renters.
