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Closed Sale

946 S Burlington Ave

Los Angeles, CA 90006 · Pico-Union

946 S Burlington Ave, Los Angeles, CA: 28-unit apartment building (closed sale)
Sale Price
$3,040,000
Units
28
Building Size
14,758 SF
Price Per Unit
$108,571
Price Per SF
$206

Sale Summary

946 S Burlington Ave is a 28-unit apartment building in Los Angeles, CA 90006, closed for $3,040,000. That works out to $108,571 per unit and $206 per square foot of building area.

Built in 1922, this two-story building sits on two parcels totaling about 12,300 SF in Westlake/MacArthur Park, between Olympic Blvd and James M. Wood Blvd. The mix is mostly studios, plus one 1-bedroom and three bachelor units in a rear addition permitted in 1923 to 1924. Classic 1920s details, including wood staircases, crown molding and large studio floor plans, made it a renovation opportunity. It has on-site laundry and is a short walk from the Westlake/MacArthur Park Metro station.

The property sits in the Pico-Union submarket (Central LA), which scores 90 for Walk Score and 83 for Transit Score.

This sale is part of the Highlight Multifamily Group track record. See it on our closed sales map.

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