NOT LISTED FOR SALE

307 S Burlington Ave Los Angeles, CA 90057

Westlake Neighborhood
4 Beds
10 Baths
3,976 Sq Ft
5,397 Sq Ft Lot

Sale Details

Date Sold: November 15, 2017

Last sale price $1,075,000 $270 Per Sq Ft

12 Days on Market

About This Home

As of November 2017

First time on the market in 10 years. Great rental location near Downtown Los Angeles and Koreatown. Property is subject to rent control. Opportunity to add value. Substantial rent upside. Please do not disturb on-site manager or tenants. Contact listing agents for complete details.

Last Agent to Sell the Property

Juan Cardenas

Remax Commercial and Investment Realty License #01233927 Listed on: 10/19/2017

Co-Listed By

Ryan Khansari

Ryan Khansari License #02039747

Last Buyer's Agent

Juan Cardenas

Remax Commercial and Investment Realty License #01233927 Listed on: 10/19/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,397

Interior Spaces

  • 3,976 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 10 Bathrooms

Additional Features

  • 5,397 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5154-022-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,397 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3976
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 264.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 63840
  • Assessed Land Value: 141881
  • Assessor Parcel Number: 5154-022-012
  • Geocode Override: No
  • Lot Size Area: 5397

Rental Info

  • Total Actual Rent: 6769.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 10
  • Rent Control: 100
  • Type Of Units: 10 Units

Tax Info

  • Private Transfer Taxes: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Nov 6, 2017
Sold by
Bought by
Seller's Agent
Juan Cardenas
Remax Commercial and Investment Realty
Buyer's Agent
Juan Cardenas
Remax Commercial and Investment Realty
List Price
$1,050,000
Sold Price
$1,075,000
Premium/Discount to List
$25,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2006
Sold by
Bought by

Purchase Details

Closed on
May 25, 1995
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Westlake, CA

  • Angelito Roxas Real Estate Agent - Re/Max Champions

    Angelito Roxas

    Re/Max Champions

    (866) 961-6420

    49 Total Sales

    2 in Westlake

    $660K - $1.1M Price Range

    Angelito Roxas
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  • Raymond A. Rodriguez IV Real Estate Agent - Equity Union

    Raymond A. Rodriguez IV

    Equity Union

    (747) 249-5579

    39 Total Sales

    2 in Westlake

    $5.5M - $6.2M Price Range

    Raymond A. Rodriguez IV
     Section Image
  • Trey Beltran Real Estate Agent - Equity Union

    Trey Beltran

    Responds Quickly

    Equity Union

    (818) 639-7581

    23 Total Sales

    1 in Westlake

    $425,000 Price

    Trey Beltran
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  • Jason Paukovits Real Estate Agent - Dream Realty & Investments Inc

    Jason Paukovits

    Dream Realty & Investments Inc

    (424) 277-2611

    40 Total Sales

    2 in Westlake

    $640K - $693K Price Range

    Jason Paukovits
     Section Image
  • Brad Hansen Real Estate Agent - ENRG Realty, Inc

    Brad Hansen

    ENRG Realty, Inc

    (949) 570-5651

    89 Total Sales

    1 in Westlake

    $430,000 Price

    Brad Hansen
     Section Image
  • Tony Hong Real Estate Agent - Real Broker

    Tony Hong

    Real Broker

    (657) 500-0847

    15 Total Sales

    2 in Westlake

    $530,000 Price Range

    Tony Hong
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,075,000 Chicago Title Company
-- None Available
$145,000 --
$102,400 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $575,000
Closed $600,000
Closed $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $1,075,000 +2.4% $270 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $1,050,000 -- $264 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,529 $1,223,161 $796,478 $426,683
2024 $15,374 $1,199,178 $780,861 $418,317
2023 $15,092 $1,175,665 $765,550 $410,115
2022 $14,422 $1,152,614 $750,540 $402,074
2021 $14,235 $1,130,015 $735,824 $394,191
2019 $13,827 $1,097,100 $714,000 $383,100
2018 $13,719 $1,075,600 $700,000 $375,600
2017 $3,321 $209,834 $144,718 $65,116
2016 $3,210 $205,721 $141,881 $63,840
2015 $3,173 $202,632 $139,750 $62,882
2014 $3,253 $198,664 $137,013 $61,651
Source: Public Records

Agents Affiliated with this Home

  • Juan Cardenas Real Estate Agent - RE/MAX

    Seller's Agent in 2017

    Juan Cardenas

    RE/MAX

    (562) 587-5494

    28 Total Sales

    Juan Cardenas
    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Ryan Khansari

    Ryan Khansari

    (213) 610-3777

    1 Total Sale

    Ryan Khansari
    Section Image
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Map

Source: The MLS

MLS Number: 17-282092

The MLS
California Los Angeles County Los Angeles 90017 Westlake

307 S Burlington Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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