Michael Matthias
This listing was posted on RealtyWW.
$1,550,000
S Burlington Ave, Los Angeles, Home For Sale
Price:
$1,550,000
BR/BA:
10+ BR, 9 BA
Location:
1711 S Burlington Ave, Los Angeles, CA
Description:
Welcome to 1711 Burlington Ave, a classic Craftsman-style building situated at the vibrant edge of Koreatown. This 8-unit property offers a rare value-add opportunity with immediate cash flow potential, making it an excellent investment for savvy buyers. With many units already updated, there's still room for improvement and enhancement, allowing the new owner to increase rental income further. Nestled at the intersection of Koreatown, residents will enjoy convenient access to an eclectic mix of dining, shopping, and entertainment options, along with excellent public transit connections. The property sits on a generous 7, 823 sq ft lot, presenting an exciting opportunity to capitalize on SB 1211. The new owner could potentially build up to 8 additional ADUs (Accessory Dwelling Units), maximizing both rental income and property value. With existing tenants in place and strong rental demand in the area, this building promises cash flow from day one, ensuring a solid return on your investment. The building's classic Craftsman architecture features create a warm atmosphere that tenants will love. DRIVE BY ONLY, DO NOT DISTURB TENANTSFor more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i76681366
Property Type:
Single-Family Houses
Posted:
October 9 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: S Burlington Ave, Los Angeles, Home For Sale
S Burlington Ave, Los Angeles, Home For Sale is a 10+ BR 9 Bathroom Single-Family Homes for Sale at 1711 S Burlington Ave in Los Angeles CA. Find other listings like S Burlington Ave, Los Angeles, Home For Sale and listings near 1711 S Burlington Ave by searching Oodle Classifieds for 10+ BR 9 Bathroom Single-Family Homes for Sale in Los Angeles CA.
S Burlington Ave, Los Angeles, Home For Sale is a 10+ BR 9 Bathroom Single-Family Homes for Sale at 1711 S Burlington Ave in Los Angeles CA. Find other listings like S Burlington Ave, Los Angeles, Home For Sale and listings near 1711 S Burlington Ave by searching Oodle Classifieds for 10+ BR 9 Bathroom Single-Family Homes for Sale in Los Angeles CA.