694 S Burlington Avenue, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
694 S Burlington Avenue,Los Angeles, CA 90057
$3,900,000
  • - Beds
  • - Baths
  • 30,319 sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi, christopher bald
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26135648
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$128.63

About this home

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 $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an investor a clear path to substantial future income growth. 694 S Burlington Ave is individually metered for gas and electric, helping reduce utility exposure and improve operating efficiency....

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Home facts

  • Year built:1913
  • Listing ID #:SB26135648
  • Added:34 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Living area:30,319 sq. ft.

Structure and exterior

  • Year built:1913
  • Building area:30,319 sq. ft.
  • Lot area:0.52 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$128.63

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:3
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