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227 Burlington Avenue

Los Angeles, CA 90026

$885,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
6,000 Sq. Ft.
$166 / Sq. Ft.
Sold

227 Burlington Avenue

Los Angeles, CA 90026

Sold
$885,000 Sale Price
$0/mo
0
Bed
0
Bath
6,000
Sq. Ft.
REDUCED! We are proud to exclusively present for sale a unique opportunity for a savvy investor. On offer is a substantial, yet dilapidated, Single-Family Residence located in the rapidly-appreciating Historic Filipinotown / Echo Park neighborhood of Los Angeles, affectionately referred to as HiFi. The existing structure is a two-story 4 bedroom and 3 bathroom house spanning 2,414 square feet on a 6,000 square foot lot that backs up to a 20-foot alley. The structure has seen better days, presenting a blank canvas for redevelopment of the property. Bring back the house to its former glory, or do that and break off a portion of it for an attached Additional Dwelling Unit (ADU). The property also features an extra-large garage on site, which could be converted into a detached ADU, providing an additional income stream. With the area experiencing a surge in development and rental rates on the rise, this property represents an ideal investment opportunity. The location is right between Echo Park, MacArthur Park, Hollywood and Downtown. Head north for hip shopping, fine dining and nightlife. Head south for your everyday shopping needs and quick access to the Metro Station at Wilshire and Alvarado.
PROPERTY INFORMATION
MLS # 23298579 Lot Size 6,000 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 995,000
Price Per SqFt: $ 166
DOM 635 Days
Address 227 Burlington Avenue Type Land
City Los Angeles Sq.Ft. 6,000 Sq. Ft.
Postal Code 90026 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-10-18
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
  Walk Score: 88 (Very Walkable)
  Transit Score: 69 (Good Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,061
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/07/2023 Listed $995,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Dario Svidler, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.
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