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1627 S Burlington Avenue Los Angeles, CA 90006
$649,000 6 beds, 6 baths
2, 780 sqft
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The Keaty Team

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Agent Remarks

Excellent Investment Opportunity Priced to Sell! Don't miss this rare chance to own a high-performing income property near the heart of Downtown Los Angeles. This legal duplex, currently operating with six rental units, delivers consistent cash flow and strong rental demand. Sitting on a generous 8,007 sq. ft. RD1.5-zoned lot, the property also offers attractive future development potential. Additional highlights include ample parking for up to 10 vehicles with convenient alley access. Located in a high-demand rental market, this is a prime opportunity for savvy investors seeking immediate income and long-term upside. Serious buyers-only property is priced to sell and won't last, current 7.16 Cap rate and 8.81 GRM!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25510019
List price is $649,000 Reduced by $150,000 on 3/26/2025
Beds: 6
Baths: 6
None fireplaces
Built in 1901
2,780 sqft
2 stories
0.18 acres
Lot size: 0.1838
County: Los Angeles
Zoning: LARD1.5
Parking description: Direct Access,Garage
Heating/cooling: None
Heating description: None
MLS area: C42 - Downtown L.A.

Last Updated: 3/26/2025

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.041733, -118.281658.
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Listing Agent: Walter Castillo
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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