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161 S Burlington Avenue, Los Angeles, CA 90057

$4,670,000

$679 per ft²

18 Bed

14 Bath

6,874 Sq Ft

0.1902 Acres

Listing Office: Global Platinum Properties, Inc.

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Price Reduction! Once in a lifetime 100% Fully Renovated 14-unit apartment building cash flowing at an amazing 6.25% Cap Rate from day 1! Plans to add 8 detached ADUs to achieve a remarkable 8.5% Cap Rate after taking into account all construction costs (~775k assuming $300/SF). All 14 units have been completely vacated and remodeled, boasting a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 8 (1bed/1bath) units, and 4 (2bed/1bath) units. Additionally, the major systems have been updated, including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 8,283 SF R4-1 Lot TOC Tier 2 with future development potential. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

Listing Agent: Julio Ruiz

License Number: 01911261

Offered by: Global Platinum Properties, Inc.

Office Phone: 424-394-1030

MLS: #26657319

California Regional MLS

Date Added: 02/26/2026 12:00:00 am

Last Update: 02/27/2026 12:33:41 am

Days on Market: 2

Interior

Heating: true, Wall Furnace

Exterior

Parking: Gated, Parking spaces: 6

Construction

General: 2

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LAR4, 5154001012

Financial

Source: CRMLS_CL

Property

Year Built: 1950
Type: Multi-Family
Neighborhood: Westlake
Parcel #: 5154001012

02/13/2021Off Market

02/05/2021$3,800,000@ 553 per ft²Listed

02/05/2021Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 02/27/2026 12:33:41 am

Offered by: Julio Ruiz, 01911261, 818-524-0706 @ Global Platinum Properties, Inc.

MLS: #26657319

Source: California Regional MLS

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_580_large.png' ALT='IDX'> Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<BR><BR>The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by <A HREF='http://www.realtywatchsolutions.com/' TARGET='_blank'>RealtyWatch Solutions</A>. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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161 S Burlington Avenue, Los Angeles, CA 90057 is a 18 Bed, 14 Bath, 6,874 Sq Ft, 0.1902 Acres, Multi-Family built in 1950.

This property is currently available and was listed by California Regional MLS on 02/26/2026 12:00:00 am. The MLS # for the property is MLS #26657319.