161 Burlington

Los Angeles, CA, 90057
For Sale $4,795,000
  • 18beds
  • 6,874sqft
  • 0.19acre
Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.2% 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.
Listing agents:
Armin Soleimani
License #01846872
Global Platinum Properties, Inc.
Julio Ruiz
License #01911261
Global Platinum Properties, Inc.

Let's talk

Interested in this property or one like it?
Reach out today to talk with advertising agent The O'Herlihy Group:

161 Burlington is a Residential Income property located in Los Angeles, California, featuring a 0.190 acre lot, 6,874 sqft, 18 bedrooms, MLS #25628853.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2025-12-16 01:54:38

Our Offices

Malibu Office

Cormac & Wailani O'Herlihy
Sotheby's International Realty
23732 Malibu Road
Malibu, CA 90265

Channel Islands Office

Cormac & Wailani O'Herlihy
Sotheby's International Realty
3600 Harbor Blvd
Oxnard, CA 93035