Listed By:
Lyon Stahl Investment Real Estate, Inc.
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
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1735 7th Street, Los Angeles, CA 90057
1735 7th Street, Los Angeles, CA 90057
Estimation provided by Keller Williams Realty, LLC.
Active
For Sale
Open House:
(Local time)
Property Description
1735 7th St // 694 S Burlington Ave is a 32-unit mixed use building
located in the Pico Union neighborhood. This
massive 30,319 sqft building is offered at only
$134k/unit and $141/sqft. The property is currently
operating at a 6.68% CAP and 8.30 GRM. There is still
over 51% upside available once the property is
stabilized. The property is individually metered for gas
and electricity.
The building is comprised of (26) apartment units
and (6) Retail Spaces - consistent of (13)
1Bed+1Bath, (13) Studio+1Bath. Currently (2)
studio/1-bath units are vacant, offering immediate
upside in rental income.
694 S Burlington Ave is conveniently located just
minutes from Downtown Los Angeles, with easy
access to the 10 and 110 freeways. There are many
shops, restaurants and amenities nearby, making
this an ideal location for renters.
located in the Pico Union neighborhood. This
massive 30,319 sqft building is offered at only
$134k/unit and $141/sqft. The property is currently
operating at a 6.68% CAP and 8.30 GRM. There is still
over 51% upside available once the property is
stabilized. The property is individually metered for gas
and electricity.
The building is comprised of (26) apartment units
and (6) Retail Spaces - consistent of (13)
1Bed+1Bath, (13) Studio+1Bath. Currently (2)
studio/1-bath units are vacant, offering immediate
upside in rental income.
694 S Burlington Ave is conveniently located just
minutes from Downtown Los Angeles, with easy
access to the 10 and 110 freeways. There are many
shops, restaurants and amenities nearby, making
this an ideal location for renters.
Property Details
Compare This Home
Overview
Property Type
Mixed Use
Property Size
Year Built
1913
Days on Site
109 Days
Parking
Yes
Concierge
Connect to the right agent for you
OR
Concierge
Connect to the right agent for you
OR
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
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Explore Arts District
market snapshot
Market Summary statistics provided by Keller Williams Realty, LLC.
Nearby Schools
N/A
Grade
Student-Teacher Ratio:
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N/A
Grade
Student-Teacher Ratio:
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Transit & Commute
Estimated commute times from Arts District
Car-Dependent
Walkable
Very Walkable
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Nearby Neighborhoods
- Aliso Pico South, Los Angeles, CA, USA
- Aliso Village, Los Angeles, CA, USA
- Arts District-Santa Monica Fwy, Los Angeles, CA, USA
- Boyle Hts-Aliso-Mariachi Plaza, Los Angeles, CA, USA
- Central City East, Los Angeles, CA, USA
- Downtown Little Tokyo, Los Angeles, CA, USA
- Gallery Row, Los Angeles, CA, USA
- Historic Core Broadway, Los Angeles, CA, USA
- Historic Core East, Los Angeles, CA, USA
- Historic Core Toy District, Los Angeles, CA, USA
- Seafood District, Los Angeles, CA, USA
- Warehouse District, Los Angeles, CA, USA
Nearby School Attendance Zones
- 2nd Street Elementary School, Los Angeles, CA, USA
- 9th Street Elementary School, Los Angeles, CA, USA
- Breed Street Elementary School, Los Angeles, CA, USA
- Bridge Street Elementary School, Los Angeles, CA, USA
- Carmen Lomas Garza Primary Center, Los Angeles, CA, USA
- Felicitas And Gonzalo Mendez High School, Los Angeles, CA, USA
- Hollenbeck Middle School (06-08), Los Angeles, CA, USA
- Hollenbeck Middle School (07-08), Los Angeles, CA, USA
- Ramon C Cortines School Of Visual And Performing Arts, Los Angeles, CA, USA
- Soto Street Elementary School, Los Angeles, CA, USA
- Theodore Roosevelt Senior High, Los Angeles, CA, USA
- Utah Street Elementary School, Los Angeles, CA, USA
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