1703 S Burlington Ave, Los Angeles

$1,299,999   |   6 beds   |   4 baths

1703 S Burlington Ave
Los Angeles, CA

Outstanding opportunity to own a fully renovated 4-unit complex close to DTLA area of Los Angeles. This historic foursquare craftsman consist of two buildings with 2-units each plus ample parking spots. Built in 1919 this rarity exudes history, character, and charm. These beautiful homes have been remodeled from top to bottom and inside/out with all new wood flooring, new windows, new electrical, new plumbing, new recessed lighting, new kitchens, new bathrooms, new appliances, central AC units, new fixtures, new inside/outside paint, new cement, new front landscape, new front fencing, and the list goes on. The front building consists of two units with 2-bed and 1-bath each and the rear-detached building consists of a 1-bed 1-bath downstairs and a studio unit up top. There's washer/dryer hookups in the units and plenty of parking space for each unit. This is a great opportunity for investor who wants a turnkey asset. Located less than .05 mile away from Staples Center and all of the Downtown LA attractions. Also near USC, Los Angeles Football Club Stadium, LA Coliseum, schools, and shopping centers. This property will not last!!

Property Details

Price: $1,299,999
MLS #: CV20145362
Bedrooms: 6
Bathrooms: 4
Square Feet: 3,298
Year Built: 1919
Lot Size: 7,896
All Units Completely Remodeled & Leased
Close to Downtown LA, USC, Staples Center
2bed/1bath unit rents for $2,500 & $2,350
1bed/1bath unit rents for $1,875
Studio unit rents for $1,725
2bed unit have 1,120 sqft each
1bed unit have 529 sqft each
Plenty of Parking
Total Monthly Income $8,450
All Units Completely Remodeled & Leased
Close to Downtown LA, USC, Staples Center
2bed/1bath unit rents for $2,500 & $2,350
1bed/1bath unit rents for $1,875
Studio unit rents for $1,725
2bed unit have 1,120 sqft each
1bed unit have 529 sqft each
Plenty of Parking
Total Monthly Income $8,450
All Units Completely Remodeled & Leased
Close to Downtown LA, USC, Staples Center
2bed/1bath unit rents for $2,500 & $2,350
1bed/1bath unit rents for $1,875
Studio unit rents for $1,725
2bed unit have 1,120 sqft each
1bed unit have 529 sqft each
Plenty of Parking
Total Monthly Income $8,450

Presented By

David & Rhina Franco
dre# 01333075 / 01474029
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