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    250 S Burlington Ave

    Los Angeles, CA 90057
    • $2,399,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 20-590078
    UPDATED: 52 min ago
    $2,399,000
    • 12
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,288
      SQFT
    • $454
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    This brand new, modern fourplex is an investor's dream. Located just a short distance west of Downtown LA, the property features four separately metered and separately addressed townhome-style units. Fifth meters for both exterior water and electric for easy management. The interiors have been completed to a high standard of design with beautiful modern two-tone kitchens with all stainless steel appliances. The contemporary bathrooms feature individual styling with gorgeous tiles and fixtures throughout. There are eight parking spaces in total, (two per unit.) Completely gated and with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA. Minutes away from Dodger Stadium, Staples Center and Echo Park with easy access to the 101 and 110 freeways. Walkscore of 91! Call LA 1 for showings.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T21:42:39.8. 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. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106927292
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    250 S Burlington Ave Los Angeles, CA 90057

    • Price: $2,399,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20-590078
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,288
    SQFT
    $454
    $/SQFT
    2020
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    This brand new, modern fourplex is an investor's dream. Located just a short distance west of Downtown LA, the property features four separately metered and separately addressed townhome-style units. Fifth meters for both exterior water and electric for easy management. The interiors have been completed to a high standard of design with beautiful modern two-tone kitchens with all stainless steel appliances. The contemporary bathrooms feature individual styling with gorgeous tiles and fixtures throughout. There are eight parking spaces in total, (two per unit.) Completely gated and with motorized entry gates. Tankless water heaters. These brand new ground-up builds are an excellent investment. Located in a great neighborhood in close proximity to several medical centers and a very short commute to Downtown LA. Minutes away from Dodger Stadium, Staples Center and Echo Park with easy access to the 101 and 110 freeways. Walkscore of 91! Call LA 1 for showings.
    Exterior Features

    Carport Spaces Total 4 Cross Streets Miramar Direction Faces North Entry Location Ground Level W/Steps Levels Three Or More Lot Size Area 4864 Other Structures None Parking Garage AssignedControlled EntranceGatedParking SpacePrivateTandem Roof Flat Sprinklers Sprinkler System Style Modern Total Parking 8 View Description City LightsCityWalk StreetPeek-A-Boo View YN Yes Water Frontage None

    Interior Features

    Bathroom Features Shower And TubTileShower Stall Baths Total 14.00 Common Walls Attached Cooking Appliances Gas/Electric RangeMicrowave Cooling Air ConditioningElectricMulti/Zone Den No Dining Room No Equipment Stackable W/D HookupRefrigeratorRecirculated Exhaust FanRange/OvenGarbage DisposalGas Or Electric Dryer HookupMicrowaveDishwasherIce MakerCableNetwork Wire Family Room No Flooring LaminateCeramic TileTilePorcelain Heating Central Interior Features 2 StaircasesDrywall WallsLaundry - Closet StackedCommon WallsLiving Room BalconyTurnkeyOpen Floor Plan Kitchen Features IslandOpen To Family RoomCounter TopStone Counters Laundry In Unit Rooms Living Room Water Heater Features GasTankless Windows Screens

    Property Features

    Assessed Total Value 47678 Electric Expense 1200.00 Gardener Expense 840.00 Gross Income 154800 Gross Operating Income 150156 Insurance Expense 2500.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 114416.00 Number Of Buildings 2 Number Of Units 4 Property Condition New Construction Sale Type Standard Security Features Card/Code AccessFire SprinklersGatedSmoke DetectorCarbon Monoxide Detector(S) Sewer In Street Source Living Area Developer Source Lot Size Area Vendor Enhanced Total Annual Expense 35740 Type Of Units Townhouse Water DistrictIn StreetMeter On Property Water Expense 1200.00 Water Heaters YN Yes Year Built Source Builder Zoning Lar3

    Listing provided courtesy of Mark Anderson DRE#01899603 of Phoenix Re Consulting.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T21:42:39.8. 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. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355