694 S Burlington Avenue Los Angeles, CA 90057
32-unit mixed-use building near Downtown Los Angeles.
Property size:
30,319 SF- Added:
- Jun 19, 2025
- Days on Market:
- 305
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 694 S Burlington Avenue
General Information
- Standard status
- Active
- Size
- 30,319 SF
Building Details
- Year Built
- 1913
Listing agent CAMERON SAMIMI
Listing office LYON STAHL INVESTMENT REAL ESTATE, INC.
Listing date Jun 19, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LYON STAHL INVESTMENT REAL ESTATE, INC.
Overview
Mixed-Use Building in Pico Union
The property at 694 S Burlington Ave is a 32-unit mixed-use building located in the Pico Union neighborhood. The building has a total area of 30,319 square feet. The unit mix consists of 26 apartment units and 6 retail spaces, including 13 one-bedroom, one-bathroom units and 13 studio apartments with one bathroom. Currently, two studio apartments are vacant, presenting an opportunity for increased rental income. The property is master metered for gas and electric. It is located minutes from Downtown Los Angeles, with convenient access to the 10 and 110 freeways. The location provides access to nearby shops, restaurants, and amenities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.273
- Latitude
- 34.0551
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 32-unit mixed-use building near Downtown Los Angeles.
Where is this mixed-use property located?
The property is located at 694 S Burlington Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: High CAP Rate: Currently operating at a 6.68% CAP rate.; Significant Upside Potential: Over 51% upside available upon stabilization.; Attractive Price Per Unit/SqFt: Offered at only $134k/unit and $141/sqft.
