272 S Burlington Avenue, Los Angeles, California 90057, Los Angeles, 90057 - 2 bed, 1 bath

272 S Burlington Avenue
Los Angeles, California 90057
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1923, this multi-family property is well-maintained with essential infrastructure upgrades to the electrical, roofing, and plumbing systems. However, it is explicitly marketed as a 'value-add' opportunity with 35% rental upside, indicating that the interior living spaces, kitchens, and bathrooms are likely dated and require cosmetic modernization to reach current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
With 40% of the units delivered vacant and an estimated 35% upside in rental income, this property offers a prime opportunity for immediate market-rate leasing or owner-user occupancy.
- Strategic Central Location
Situated on an elevated corner lot in the high-demand Westlake North submarket, the property provides excellent proximity to Echo Park, Silver Lake, and Downtown Los Angeles.
- Key Infrastructure Upgrades
The building has undergone essential capital improvements, including updates to the electrical, roofing, and plumbing systems, reducing immediate deferred maintenance concerns for the buyer.
CONSRISKS & DEFICIENCIES
- Century-Old Structure
Built in 1923, the property may require ongoing specialized maintenance and could face challenges related to its historic age despite recent system upgrades.
- Lower Local School Ratings
The majority of the immediate neighborhood schools carry lower performance ratings, which may limit the property's appeal to long-term family-oriented tenants.
About 272 S Burlington Avenue
** 2 of 5 units vacant, including detached 2+1 possible Owner User** 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 2,778 SF, 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 35% (+/-) 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 a 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 hotspots. 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 experience. This neighborhood continues to experience growth due to its centrality and ongoing gentrification.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,172 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Union Avenue Elementary School
Grades K-5 • 0.2 mi
Gratts Learning Academy For Young Scholars (Glays)
Grades K-6 • 0.4 mi
Lake Street Primary School
Grades K-1 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 2,778 | 2,059 | 67% |
| Lot Size | 5,172 | 5,590.5 | 50% |
| Price | $949.5K | $1.02M | 50% |
| Price per sq ft | $342 | $502 | 33% |
| Built year | 1923 | 1918 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 103 | 17% |
Pricing History
Listed for Sale
Feb 23, 2026
$949,500
Initial Listing
Sold
Jul 31, 2015
$629,000
Public Record
Sold
Dec 16, 2005
$585,000
Public Record
























