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1350 S Burlington Ave
Los Angeles, CA 90006 Pico-Union

$1,600,000 USD

Multifamily For Sale  •  5,040 SF

Property Details

• Property Type Multifamily
• Total Building Size 5,040 SF
• Year Built 1950
• Cap Rate 5.09 %

77 Transit Score

91 Walk Score

Highlights

First Time on Market in Over 45 Years

Fantastic Cost per Unit - $133K

Tremendous Rental Upside – 7.96 GRM and 8.86% CAP at Market

Major Roof Upgrades in 2024/2025

Mostly Copper Plumbing

6 On-Site Parking Spaces

Financial Summary (Actual)

Net Operating Income: $81,469 USD (2025)

Cap Rate:	5.09 %
Total Expenses:	$53,052 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	3.7 mi
Transit/Subway	Drive	Walk	Distance
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	13.4 mi
Bob Hope	28 min	-	14.2 mi
Long Beach (Daugherty Field)	31 min	-	22.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes