$1,600,000

1350 S Burlington Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated payment $10,016/month

Total Views 309
-- Bed
12 Baths
5,040 Sq Ft
$317 Price per Sq Ft

About This Home

We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 11.56 GRM and 5.09% CAP, with a clear path to a 7.96 GRM and 8.86% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.

Listing Agent

Jonathan Prakash

Equity Union License #01483131 Listed on: 12/03/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Interior Spaces

  • 12 Bathrooms
  • 5,040 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Additional Features

  • 7,307 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5135-020-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: No
  • Living Area: 5040
  • Lot Acreage: 0.1677
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12.00
  • Price Per S Q F T: 317.46

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 71.75
  • Assessed Improvement Value: 170708
  • Assessed Land Percent: 28.25
  • Assessed Land Value: 67201
  • Total Assessed Value: 237909
  • Assessor Parcel Number: 5135-020-008
  • Lot Size Area: 7307

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.56
  • Number Of Units: 12
  • Type Of Units: Studio

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $1,600,000 -- $317 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25624485

The MLS
California Los Angeles County Los Angeles 90006 Pico-Union

1350 S Burlington Ave, Los Angeles, CA

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Jonathan Prakash
Section Image
Equity Union
(310) 482-2200