$4,200,000
-$150,000161 S Burlington Avenue, Los Angeles CA 90057
Multi-Family (14 Units)
Property type
44 days
On market
$611
Price per sqft
N/A
Garage
1950
Year built
8,286 sqft
Lot size
Open Houses
Overview
Huge ~600k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6.75% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.4% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic...
Listing provided by: Julio Ruiz DRE #01911261 818-524-0706, Global Platinum Properties, Inc., Armin Soleimani DRE #01846872 310-666-2246, Global Platinum Properties, Inc.
Listing updated: May 27, 2026 at 12:25am.
Last checked: Jun 2, 2026 at 08:00am
Source: CRMLS #26783621
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $2,289 | $0 | $2,289 | Unfurnished |
| 1 | 2 | 1 | — | $2,887 | $2,460 | $2,887 | Unfurnished |
| 1 | 2 | 1 | — | $2,887 | $2,390 | $2,887 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,289 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,199 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,085 | $2,289 | Unfurnished |
| 1 | 2 | 1 | — | $2,887 | $2,860 | $2,887 | Unfurnished |
| 1 | 2 | 1 | — | $2,887 | $3,144 | $2,887 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,208 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $1,715 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,139 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,043 | $2,289 | Unfurnished |
| 1 | 1 | 1 | — | $2,289 | $2,020 | $2,289 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
6.75%
NOI / List Price
Net Operating Income: $283,492
Interior
Heating: Wall Furnace
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: Gated
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 5154001012
Zoning: LAR4
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 161 S Burlington Avenue, Los Angeles, CA 90057. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,360,000
Total Interest
$4,285,495
Total Payment
$7,645,495
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$25,762
per month
Property History for 161 S Burlington Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90057.
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