$3,975,000

694 S Burlington Avenue, Los Angeles, CA 90057

  • 30,319 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $131/sqft
  • Property List Date Icon Listed 3 months ago

Property 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 $124k/unit and $131/sqft. The property is currently operating at a 7.22% CAP and 7.67GRM. 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.

Listing Status:
Active
Date Added:
September 23, 2025 at 05:00AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Cameron Samimi : 310-425-9838
MLS ID:
SB25223796
  • Laundry: See Remarks
  • General: 3
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5142011013
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Esperanza Elementary

680 Little St, Los Angeles, CA, 90017

Grades KG-5

0.06 miles away

J

John Liechty Middle School

650 S Union Ave, Los Angeles, CA, 90017

Grades 6-8

0.21 miles away

H

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.