Listing provided courtesy of Cameron Samimi of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-10-19 08:11:10.000000. Listing information © 2025 Sandicor.
Asking Price: $4,125,000 |
694 Burlington, Los Angeles CA 90057
Community: C42 - Downtown L.A.
This Commercial/Residential property was built in 1913 and is priced at $4,125,000. 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 $128k/unit and $136/sqft. The property is currently operating at a 7.01% CAP and 7.96 GRM. There is still over 51% upside available once the property is stabilized. The property is individually metered for gas and electric.
The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered 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.
