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

$2,650,000 USD

Apartments For Sale  •  7,515 SF

Property Details

• Property Type Apartments
• Total Building Size 7,515 SF
• Lot Size 0.19 AC
• Building Class C
• Year Built 1964
• Cap Rate 6.22 %
• Zoning LAR4

84 Transit Score

96 Walk Score

Highlights

Subterranean Parking

Separately Metered for Electricity (No gas except for boiler)

Approx 25% Rental Upside

Financial Summary (Actual)

Net Operating Income: $164,901 USD (2026)

Cap Rate:	6.22 %
Total Expenses:	$91,175 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	3.1 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))	9 min	-	3.3 mi
Transit/Subway	Drive	Walk	Distance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	13.9 mi
Bob Hope	24 min	-	14.0 mi
Long Beach (Daugherty Field)	31 min	-	22.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Covered
Included in Rent:	Yes