272 S Burlington Avenue, Los Angeles, CA 90057
Local realty services provided by:ERA North Orange County Real Estate
272 S Burlington Avenue,Los Angeles, CA 90057
$978,000
- - Beds
- - Baths
- 2,778 sq. ft.
- Multi-family
- Active
Listed by:jared levine
Office:keller williams realty calabasas
MLS#:SR25161028
Source:CRMLS
Price summary
- Price:$978,000
- Price per sq. ft.:$352.05
About this home
40% VACANT (2 of 5 Units) / OWNER USER OPPORTUNITY - As the exclusive listing agent, we are pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood, Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778 SF, sitting on an elevatedcorner lot with a vacant detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 35% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical, roofing,and plumbing under the current ownership. Delivered 40% vacant (2 of 5 units), the property provides the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a unique corner lot property for both investors and owner-users in a high-demand rental pocket surrounded by new development and continued gentrification. The Burlington is situated in Westlake North, a diverse and vibrant neighborhood. The property is located close to Echo Park, Hollywood, Koreatown,and Downtown Los Angeles, providing easy access to cultural and commercial hot spots. Westlake North offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants, and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.
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Home facts
- Year built:1923
- Listing ID #:SR25161028
- Added:70 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:2,778 sq. ft.
Structure and exterior
- Year built:1923
- Building area:2,778 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$978,000
- Price per sq. ft.:$352.05
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