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203 N Burlington Avenue 4, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

203 N Burlington Avenue 4, Los Angeles, California 90026 home-pic-0
ACTIVE$1,300,000
203 N Burlington Avenue 4, Los Angeles, California 90026
0Bed
0Bath
3,578Sqft
6,002Lot
Year Built
1980
Close
-
List price
$1.3M
Original List price
$1.39M
Price/Sqft
$363
HOA
-
Days on market
-
Sold On
-
MLS number
MB25050376
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(73th), sqft - 3578(73th), beds - undefined(50th), baths - undefined(50th).

Built in 1980, this quadruplex provides good size space to all 4 units equally. On the title record, all units comes with 2 Bedrooms and 1 1/2 bathroom. However, all units have 3 bedroom and 1 1/2 bathroom. Currently owner and three other tenants are occupied since 20+ years with month-to-month lease. There are total of 8 parking spaces available. 2 car-tandem parking for each unit. There also common laundry room in which owner makes extra income. This quadruplex located in the Historic Filipino town. Easy access to 101 Fwy and 110 Fwy. The subject property situated in one of the best rental location and it is great opportunity for the investments.

Nearby schools

5/10
Union Avenue Elementary School
Public,•K-5•0.2mi
/10
Lake Street Primary School
Public,•K-1•0.3mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.4mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•0.6mi
/10
Lafayette Park Primary Center
Public,•K•0.8mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sal Castro Middle School
Public,•6-8•0.4mi
5/10
Virgil Middle School
Public,•6-8•1.5mi
3/10
Belmont Senior High School
Public,•9-12•0.4mi

Price History

Date
Event
Price
08/01/25
$1,300,000
03/07/25
$1,389,000
12/21/01
Sold
$345,000
Condition Rating
Fair
The property was built in 1980. The images show that the property is aged and requires minor updates or repairs. The bathroom appears outdated. The exterior shows some wear and tear. The laundry room has older machines. Overall, it appears maintained but not recently renovated.
Pros & Cons

Pros

Income Potential: Quadruplex in a strong rental location provides immediate income potential.
Established Tenancy: Long-term tenants (20+ years) offer stability and reduced turnover costs.
Parking: Ample parking with 2-car tandem spaces for each unit is a valuable amenity.
Location: Located in Historic Filipino town with easy access to 101 and 110 Freeways.
Additional Income: Common laundry room provides an additional income stream.

Cons

Discrepancy in Bedroom Count: Title record states 2 bedrooms, but units have 3, potentially creating legal or valuation issues.
Month-to-Month Leases: All tenants are on month-to-month leases, which provides less security and potential for vacancy.
Property Age: Built in 1980, the property may require updates or repairs to remain competitive.

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