USACALos Angeles694 S Burlington Ave
694 S Burlington Ave | Image 1
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694 S Burlington Ave | Image 2
694 S Burlington Ave | Image 3
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694 S Burlington Ave | Image 7

$3,900,000

Coming Soon

11 hours ago

694 S Burlington Ave, Los Angeles, CA

House

MLS® SB26135648

0 Bed

0 Bath

--

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes 
Lot Size 0.5172 Acres
Approx. Age 1913
MLS® Number SB26135648

Property Address: 694 S Burlington Ave, Los Angeles, CA, 90057-3712

Average square foot calculated using Size range provided by listing agent.

Description

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. Currently, two studio units are being delivered vacant, allowing a buyer to immediately renovate, lease at market rents, and capture upside right away. The building also benefits from diversified income through both residential and retail tenancy, reducing reliance on one income source.
MLS® NumberSB26135648
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1913
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Aug 6, 2026End Date
-Sold Price

Coming Soon

Jul 7, 2026List Date
$3,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
694 S Burlington Ave, Los Angeles, CA

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