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    311 S Burlington Avenue

    Los Angeles (City), CA 90057
    • $1,000,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20632012
    UPDATED: 30 min ago
    $1,000,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    The property consists of three units (all 1br/1ba) -- duplex in front and house in the rear on a 5,389 SF lot. The house in the rear is tastefully remodeled and will be delivered vacant. Parcel is zoned R4 with Tier 3 TOC incentives which allows for 13 units by-right. The neighborhood has seen a plethora of development projects in the last two years.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T15:27:59.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109969680
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    311 S Burlington Avenue Los Angeles (City), CA 90057

    • Price: $1,000,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 20632012
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1910
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    The property consists of three units (all 1br/1ba) -- duplex in front and house in the rear on a 5,389 SF lot. The house in the rear is tastefully remodeled and will be delivered vacant. Parcel is zoned R4 with Tier 3 TOC incentives which allows for 13 units by-right. The neighborhood has seen a plethora of development projects in the last two years.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features None Parking YN No

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 33780.00 Gross Multiplier 29.60 Gross Operating Income 33780.00 Net Operating Income 23636.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 10144.00 Zoning Lar4

    Listing provided courtesy of Andres Diaz of Keller Williams Downtown La


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T15:27:59.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003