We are proud to present a rare opportunity to acquire a fully renovated 4-unit Craftsman compound on Burlington Ave, offering a true "turnkey" investment in one of Los Angeles' most central rental corridors. Comprised of a duplex and a single-family residence with an attached ADU, this thoughtfully re-imagined property has… Read More undergone a comprehensive remodel featuring mini-split HVAC systems, modern laminate flooring, stainless steel appliances, quartz countertops, and more. Most of the units are equipped with in-unit laundry, catering to today's tenant expectations and maximizing rental appeal. The property offers spacious and efficient layouts, including two-bedroom units exceeding 1,100 SF, a one-bedroom unit over 800 SF, and a well-designed studio space over 500 SF providing flexibility for a wide range of tenant profiles. The charming front yard is highlighted by a white picket fence, shaded patio, and a parking field with a total of 7 spaces, creating a welcoming, residential feel that sets this asset apart from typical multifamily offerings. Strategically located just minutes from University of Southern California, Exposition Park, BMO Stadium, and Downtown Los Angeles, the property benefits from strong and consistent rental demand. Immediate access to the 110 and 10 Freeways ensures seamless connectivity across the city. This is an ideal opportunity for both investors seeking stabilized, low-maintenance income and owner-users looking to capitalize on a high-quality, income-producing asset. Read Less
Property listed by Keller Williams Los Angeles, Stephen F. Watson 213-797-7000
Listing Snapshot
Days Online
8
Last Updated
Beds
5
Square Ft.
3,604
Lot Size
0.18 Acres
Year Built
1919
MLS Number
26714031
Additional Details
Appliances & Equipment
Dishwasher, Disposal
Building
Built in 1919, Living area: 3604.0, 2 buildings, Building faces East, 2 stories, Levels: Two
Community
Gated
Fireplaces
None
Floors
Laminate
Heating
WallFurnace
Income
Gross Income: $112,020, Net Operating Income: $75,299
Laundry
Inside
Lot
0.1813 acres, FrontYard
Parking
7 open parking spaces, 7 total parking spaces, Driveway
Pool
None
Property
UpdatedRemodeled
Security Features
GatedCommunity
Taxes
Parcel Number: 5135011014, Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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