Price $925,000
Status Active
Beds 2
Baths 0.5 Bath
Home size 2,778 sqft
Lot Size 5,171 sqft
Days on Market 1
Why buy a SFR, when you can live in a 2+1 Owner User Unit with 4 other potential income producing units. Property is 40% Vacant (2 of 5 units). As the exclusive listing agent, is pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood,Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778SF, sitting on an elevated corner lot with a detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 30% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical, roofing, and plumbing under the current ownership. Delivered 40% vacant (2 of 5 units), the property provides the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure a unique corner lot property for both investors and owner-users in a high-demand rental pocket surrounded by new development and continued gentrification. The Burlington is situated in Westlake North, a diverse and vibrant neighborhood. The property is located close to Echo Park,Hollywood, Koreatown, and Downtown Los Angeles, providing easy access to cultural and commercial hotspots. Westlake North offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants,and other amenities, offering a rich living experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification
Property Type(s): Single Family
Last Updated 4/29/2026 Year Built 1923
Community C17 - Mid-Wilshire Garage Spaces 3.0
County Los Angeles

Additional Details

AIR None
AREA C17 - Mid-Wilshire
GARAGE Attached Garage, Yes
LOT 5171 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 5172
PARKING Attached
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
VIEW Yes
VIEW DESCRIPTION City Lights
WATER Public

Location

 

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Listed with Keller Williams Realty Calabasas

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