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$1,345,000

Beds
8
sq ft
4,164

1446 S Burlington Ave, Los Angeles, CA 90006

1446 S Burlington Ave

Los Angeles, CA 90006

  • 107 days on market
    • Price drop $5,000↓
Price just lowered! Six units available near Downtown Los Angeles! Featuring two 2-bedroom residences and four comfortable 1-bedroom apartments, this diverse property is an ideal find for astute investors looking for top rental prospects. Enter the renovated unit to discover its fresh laminate flooring, modern kitchen cabinets, recessed lighting, and updated bathroom - all sure to attract tenants! Encompassing two structures over 4,164 square feet on a generous 7,302 square foot lot with RD1.5 zoning, this estate presents a golden opportunity for profitable rental income and increased value. Elevate your real estate portfolio with this enchanting property that radiates Craftsman charm and sophistication at every turn. Don't miss out on this golden opportunity to make a lasting mark in the competitive real estate market - seize the moment and reap the rewards of this timeless investment!

Details

Property type

Lot size

7,304 sq ft

Price per sq ft

$324

Year built

1923

HOA

No

Price History

05/01/2024
CLAW

CLAW #24369359

Price change
$1,345,000
-0.37%
03/15/2024
CLAW

CLAW #24369359

Listed
$1,350,000
+57.92%
07/21/2022
CRMLS

CRMLS #CV21080003

Sold
$854,859

Schools & Community

Neighborhood: 

Pico-Union

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

December 2022

Original loan amount

$475,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

Eajs Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:25 AM

Listing updated: 04/30/2024 at 5:41 PM

Listed by: Armin Soleimani, Global Platinum Properties, Inc. Phone #: (424) 394-1030

MLS: CLAW #24369359

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