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18 Beds
14 Baths
6,874 sqft

$4,050,000

161 S Burlington Avenue, Los Angeles CA, 90057

Price per sqft$589.18
Built in1950
Property size6,874 sqft
Property typeResidential
Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Overview

Active

Listed Aug 31, 2026

Updated 3 days ago

Huge ~750k Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 7% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 9.75% 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 with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

$26,945/mo

Est. mortgage payment based on a $4,050,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26925555

Interior Features

Bedrooms
18
Bathrooms
14
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/14/2026 at 11:24 AM UTC Last Checked: 11:24 AM UTC

 

 

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