- 1 Bed
- 3 Baths
- .52 Acres
- 58 DOM
694 S Burlington Avenue
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $122k/unit and $129/sqft. The property is currently operating at a 7.72% CAP and 7.25 GRM. There is still over 56%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The property is comprised of 26 apartment units and 6 commercial spaces, consisting of (13) 1Bed+1Bath units, (13) Studio+1Bath units, and multiple ground-floor retail/commercial tenants. Current scheduled income is approximately $533,762 annually, with market scheduled income projected at approximately $839,606 annually once stabilized. At market rents, the property projects to a 15.22% CAP and 4.65 GRM, offering an investor a clear path to substantial future income growth. 694 S Burlington Ave is individually metered for gas and electric, helping reduce utility exposure and improve operating efficiency. Currently, two studio units are being delivered vacant, allowing a buyer to immediately renovate, lease at market rents, and capture upside right away. The building also benefits from diversified income through both residential and retail tenancy, reducing reliance on one income source.
Essential Information
- MLS® #SB26135648
- Price$3,900,000
- Bedrooms1
- Bathrooms3.00
- Acres0.52
- Year Built1913
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address694 S Burlington Avenue
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
Amenities
- Parking Spaces3
- # of Garages3
- PoolNone
Interior
- # of Stories3
Exterior
- Lot DescriptionZeroToOneUnitAcre
Additional Information
- Date ListedJuly 6th, 2026
- Days on Market58
Listing Details
- AgentCameron Samimi
Office
Lyon Stahl Investment Real Estate, Inc.
Price Change History for 694 S Burlington Avenue, Los Angeles, (MLS® #SB26135648)
| Date | Details | Change |
|---|---|---|
| Status Changed from Coming Soon to Active | – |
Cameron Samimi, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of September 4th, 2026 at 8:45pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.