313 S Burlington Ave

  • $799,000
For Sale Los Angeles, Westlake
313 S Burlington Ave, Los Angeles, CA 90057, USA
311 South Burlington Ave aerial shot 311 South Burlington Ave 311 South Burlington Ave living room 311 South Burlington Ave external 311 South Burlington Ave aerial shot 311 South Burlington Ave kitchen 311 South Burlington Ave entrance and kitchen 311 South Burlington Ave bedroom 311 South Burlington Ave aerial shot
  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 24.87
  • GRM
  • 291,666.67
  • Price/Unit
For Sale
313 S Burlington Ave, Los Angeles, CA 90057, USA
  • $799,000

Overview

  • Multifamily
  • Property Type
  • 3
  • Number of Units
  • 24.87
  • GRM
  • 291,666.67
  • Price/Unit

Description

ATTENTION DEVELOPERS! OPPORTUNITY TO BUILD 24 UNITS. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipinotown and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to 24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.

Details

  • Property Type: Multifamily
  • Property Status: For Sale
  • Price: $799,000
  • Number of Units: 3
  • Price/Unit: 291,666.67
  • GRM: 24.87
  • Price/SqFt: $564.52
  • City Los Angeles
  • Area Westlake

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