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Image 1 - 313 S Burlington Ave, Los Angeles, California, 90057 - House for sale

Image 2 - 313 S Burlington Ave, Los Angeles, California, 90057 - House for sale

Image 3 - 313 S Burlington Ave, Los Angeles, California, 90057 - House for sale

Image 4 - 313 S Burlington Ave, Los Angeles, California, 90057 - House for sale

Image 5 - 313 S Burlington Ave, Los Angeles, California, 90057 - House for sale

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, S Burlington Ave, Los Angeles, Home For Sale

313 S Burlington Ave, Los Angeles, California, 90057

, S Burlington Ave, Los Angeles, Home For Sale

house for sale

Listed: 06/23/24

313 S Burlington Ave, Los Angeles, California, 90057

3 Bed:

3 Bath:

1,550 Sq Ft Living Area:

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Price

$ 799,000

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About This House

Developer opportunity to build 24 units. This triplex to be delivered 1/3 vacant is located in the rapidly developing area of Westlake just southeast of Echo Park/Historic Filipino town and has massive upside potential. Zoned R4, with TOC incentives the lot has the opportunity to build up to24 UNITS (buyer to verify) and is perfect for an investor/developer who is looking to build. Great owner/user potential as one of the units is vacant. The front building is composed of a duplex with two 1 bedroom units. The rear is a completely renovated stand-alone one bedroom unit that is currently vacant. Close to all the shops and restaurants in Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway.

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Westlake South 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.

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