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Backup Offers

1711 S Burlington Ave, Los Angeles, CA, 90006

$1,550,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
9 Baths
5,460 SqFt
$284/SqFt
House

Location

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1711 S Burlington Ave, Los Angeles$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingUncovered
Year Built1912
HeatingWall Furnace
CoolingNone
ViewNone
MLS #24448549
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1711 S Burlington Ave

Welcome to 1711 Burlington Ave, a classic Craftsman-style building situated at the vibrant edge of Koreatown. This 8-unit property offers a rare value-add opportunity with immediate cash flow potential, making it an excellent investment for savvy buyers. With many units already updated, there's still room for improvement and enhancement, allowing the new owner to increase rental income further. Nestled at the intersection of Koreatown, residents will enjoy convenient access to an eclectic mix of dining, shopping, and entertainment options, along with excellent public transit connections. The property sits on a generous 7,823 sq ft lot, presenting an exciting opportunity to capitalize on SB 1211. The new owner could potentially build up to 8 additional ADUs (Accessory Dwelling Units), maximizing both rental income and property value. With existing tenants in place and strong rental demand in the area, this building promises cash flow from day one, ensuring a solid return on your investment. The building's classic Craftsman architecture features create a warm atmosphere that tenants will love. DRIVE BY ONLY, DO NOT DISTURB TENANTS

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1912
  • Stories: 2
  • Living Area: 5,460 SqFt

Listing Office:

  • Office Name: Skylight Real Estate Advisors, Inc.
  • Office Phone: (310) 592-0833
  • Listing Agent: Michael Matthias

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Travel one block east of Hoover and 1/2 south of Venice

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $17,706
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1711 S Burlington Ave vs Los Angeles

75 DAYS ON ROCKET

+37 Days

$1,550,000

+$528.4K More

$284/SqFt

-$356 Less

KEY TAKEAWAY

This property is $528.4K more than the Median Sold Price and $356/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24448549

Listing Office:

  • Office Name: Skylight Real Estate Advisors, Inc.
  • Office Phone: (310) 592-0833
  • Listing Agent: Michael Matthias

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.

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 IHR Technology Services. 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.
Last updated on: 12/18/2024, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 07, 2019Home Sold
$1,370,000
Sep 02, 2010Home Sold
$545,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,706$1,412,226
2020$8,899$1,397,400
2019$8,318$625,929
2018$8,111$613,657
2017$8,111$601,625

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4399210
6
/10

  • Equitas Academy Charter

  • 1700 W Pico Blvd

  • 0.33 miles

  • Public Charter Grades KG-5

school-card-donut-4399211
4
/10

  • Magnolia Avenue Elementary School

  • 1626 Orchard Ave

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-4399212
5
/10

  • Norwood Street Elementary School

  • 2020 Oak St

  • 0.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,104. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1711 S Burlington Ave

What is the listing price of this property?

The listing price of 1711 S Burlington Ave property is $1,550,000.

What type of property is this?

The property 1711 S Burlington Ave is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Accepting Backup Offers: 1711 S Burlington Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,706 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 7, 2019 for $1,370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1711 S Burlington Ave has 10 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 1711 S Burlington Ave is 5,460 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1711 S Burlington Ave is 1912.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1711 S Burlington Ave

This home is located at 1711 S Burlington Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 5,460 square foot home, which was built in 1912, sits on a 0.18 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $1,550,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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