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Image 1 - 1490 South Burlington Avenue, Los Angeles, CA 90006, USA - House for sale
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Home For Sale In Los Angeles, California
1490 South Burlington Avenue, Los Angeles, CA 90006, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/19/24

1490 South Burlington Avenue, Los Angeles, CA 90006, USA

8 Bed:
4 Bath:
4,164 Sq Ft Living Area:
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Price
$ 1,35M

About This House

Unleash your investment prowess with this gem of property, perfectly positioned in the heart of Downtown Los Angeles! Boasting six units, including two chic 2-bedroom residences and four cozy 1-bedroom apartments, this versatile offering is a dream come true for savvy investors seeking prime rental opportunities. Step into the remodeled unit and be captivated by its new laminate flooring, sleek kitchen cabinets, recessed lighting, and upgraded bathroom - a true tenant magnet! Spanning two buildings across4, 164square feet on a spacious7, 302square foot lot zonedRD1.5,this property is a canvas for lucrative rent growth and value enhancement.

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Pico-Union Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.