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S Burlington AV Los Angeles CA 90057 MLS #SB25223796

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 $128k/unit and $136/sqft. The property is currently operating at a 7.01% CAP and 7.96 GRM. There is still over 51% upside available once the property is stabilized. The property is individually metered for gas and electric.

The building is comprised of (26) apartment units and (6) Retail Spaces – consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income.

694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

Property Details

Price:
$4,125,000
MLS #:
SB25223796
Status:
Active
Beds:
0
Baths:
0
Address:
S Burlington AV
Type:
Commercial
Subtype:
Retail
Neighborhood:
c42
City:
Los Angeles
Listed Date:
Sep 23, 2025
State:
CA
Total Sq Ft:
30,319
ZIP:
90057
Lot Size:
22,530 sqft / 0.52 acres (approx)
Year Built:
1913

Schools

Interior

Laundry Features
S E E

Exterior

Financial

Net Operating Income
$289,227

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