www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20377881
20377869

272 S Burlington, Los Angeles, CA 90057

JL
CA 01804008
KW Commercial Calabasas
HS
CA00710184
KW Commercial Calabasas
Listed by KW Commercial Calabasas
$925,000
596 days on market
Updated 34 days ago

The Burlington

Details
APN 5153002001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,778
Units 5
Cap Rate 6.23%
NOI $51,407
Price per SqFt $342
Year Built 1923
Year Renovated 2017/2018
Buildings 2
Stories 1
Acreage 0.119
Zoning Assessor
Parking Spaces 3 spaces
Parking Per SqFt 1.08
Investment Type Owner/User

Multifamily | 5 Units | $199,600/unit

Marketing description

40% Vacant (2 of 5 units) including Vacant Detached 2+1 Owner User Unit - As the exclusive listing agent, is pleased to present the opportunity to acquire The Burlington in the submarket of Westlake North (LA Market) and in close proximity to Echo Park, Hollywood,Koreatown, and DTLA. This offering includes a 5-unit charming bungalow multifamily building built in 1923 with a footprint of approximately 2,778SF, sitting on an elevated corner lot with a detached owner-user unit and city views. The Burlington offers an investor a significant value-add opportunity with approximately 30% (+/-) of potential upside in rents spread across a desirable unit mix. The property has seen upgrades to the electrical, roofing, and plumbing under the current ownership. Delivered 40% vacant (2 of 5 units), the property provides the possibility of leveraging the high demand for both market-rate and Section 8 tenants. This well-located multifamily property offers a rare opportunity to secure unique corner lot property for both investors and owner-users in a high-demand rental pocket surrounded by new development and continued gentrification. The Burlington is situated in Westlake North, a diverse and vibrant neighborhood. The property is located close to Echo Park,Hollywood, Koreatown, and Downtown Los Angeles, providing easy access to cultural and commercial hot spots. Westlake North offers a mix of history and growth, making it a highly attractive area for tenants. Additionally, the property is near Echo Park Lake, numerous cafes, restaurants,and other amenities, offering a rich living experien

Investment highlights

  • Ideal Owner User Property
  • Delivered 40% Vacant (2 of 5 Units)
  • Vacant Detached Owner User Unit
  • Upgrades to Electrical, Roofing, and Plumbing - Buyer to Verify
  • Charming Bungalow Style with Free Standing Owners Unit
  • Within Close Proximity to Echo Park, Hollywood, Koreatown, and DTLA
  • Benefits From Raised Elevation with Amazing City Views
  • Surrounded by New Development and Continued Gentrification
  • High Demand Rental Pocket for both Market Rate and Section 8
  • Corner Lot, Secured Access, and Ideal Frontage
  • 3 Garages and Clear Channel Billboard (lease)
  • Amazing Value Add / Reposition Opportunity
Icon
Powered by San Diego MLS
Learn More

Listing Contacts

JL
CA 01804008
KW Commercial Calabasas
HS
CA00710184
KW Commercial Calabasas
Listed by KW Commercial Calabasas

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,407.00
$4,283.92/mo

Valuation Metrics

0
DSCR
5.56%
Cap Rate
5.56%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591