Property Description
Excellent Investment Opportunity Priced to Sell! Don't miss this rare chance to own a high-performing income property near the heart of Downtown Los Angeles. This legal duplex, currently operating with six rental units, delivers consistent cash flow and strong rental demand. Sitting on a generous 8,007 sq. ft. RD1.5-zoned lot, the property also offers attractive future development potential. Additional highlights include ample parking for up to 10 vehicles with convenient alley access. Located in a high-demand rental market, this is a prime opportunity for savvy investors seeking immediate income and long-term upside. Serious buyers-only property is priced to sell and won't last, current 7.16 Cap rate and 8.81 GRM!
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$11,031
TurboHome Estimated Value
$692,200
$249 sqft
High Valuation
$726,810
$261/sqft
Normal Valuation
$692,200
$249/sqft
Low Valuation
$657,590
$237/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $249/sqft | $692,200 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Westlake
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Comparative Value
$649K
$660K
$850K
1627 S Burlington Ave, Los Angeles, CA 90006
List Price: $649,000
Subject Property
1627 S Burlington Ave, Los Angeles, CA 90006
Sale Price: $660,000
Selected Comparable
1232 S Kenmore Ave, Los Angeles, CA 90006
Sale Price: $850,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT1627 S Burlington Ave, Los Angeles, CA 90006
List: $649,000
Listed: 3/11/2025
Area:2,780 sqft
Price/sqft:$233
Beds:6
Baths:6
Year Built:—
Lot Size:8,007
Comparable Properties
COMPARABLEChoose comps
1627 S Burlington Ave, Los Angeles, CA 90006
Sale: $660,000
5/16/2025 • 0.00 mi
Area:2,780 sqft
Price/sqft:$237
Beds:6
Baths:6
Year Built:—
Weight:70.9%
1232 S Kenmore Ave, Los Angeles, CA 90006
Sale: $850,000
2/27/2025 • 0.96 mi
Area:3,828 sqft
Price/sqft:$222
Beds:5
Baths:5
Year Built:—
Weight:29.1%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1627 S Burlington Ave, Los Angeles, CA 90006 | $649,000 | 2,780 | $233 | 8,007 | — | 3/11/2025 | 6 | 6 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1627 S Burlington Ave, Los Angeles, CA 90006 | $660,000 | 2,780 | $237 | 8,007 | 0.00 mi | 5/16/2025 | 6 | 6 | — | 70.9% | |
1232 S Kenmore Ave, Los Angeles, CA 90006 | $850,000 | 3,828 | $222 | 5,908 | 0.96 mi | 2/27/2025 | 5 | 5 | — | 29.1% |
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
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1
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2
We support your home-selling journey
Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
