Menu
Summary
David Levine Bramante, team leader of Levine Commercial, is proud to present the exclusive listing for sale of 127 N Burlington Avenue, Los Angeles, CA 90026.
Great Investment four-plex near trendy Echo Park. Los Angeles zoned LARD1.5 with long-term tenants and below market rents. Property consists of two 2-bedroom / 1-bathroom units, one 1-bedroom / 1-bathroom unit, and 1 single / one-bathroom unit and 6 gated parking spaces.
Top units have amazing views of Downtown LA skyline, Hollywood Sign, Griffith Park Observatory. The large lot allows for a small possible subdivision of 6-unit condo development, apartment building or add 2 ADUs in the back to maximize ROI.
Alley allows for maximized parking access which is currently not being used.
The area is a historic Filipinotown immediately adjacent to Echo Park and offers quick access to major public transportation, vehicular grids and a mere 5-minute drive to Downtown LA.
Recent updates include new 200-amp electrical panel, iron work, asphalt driveway, parking, new paint, updated plumbing, and updated tile work. Master-metered electricity.
Located within blocks of new developments this property will immediately appreciate in value and may soon be considered as part of Downtown Los Angeles.
**Buyer is responsible to do all due diligence with city. Do not disturb tenants or walk on the property.
Levine Realtors
26565 Agoura Road, Suite 200
Calabasas, CA 91301
"Levine Realtors" is a real estate company run by Kayla Jane Bramante (California DRE License Number 02017652), and member of the CARETS MLS Service. © 2005-2023 Levine Realtors. Website: www.LevineRealtors.com. Main Office: (323)484-4695. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.
