694 S Burlington Avenue

Los Angeles , CA 90057

MLS#: SB25137291

$4,300,000

Status: Active
Listing number: SB25137291
Listing provided by: Lyon Stahl Investment Real Estate, Inc.
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1913

Sq.Footage

N/A

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 $134k/unit and $141/sqft. The property is currently operating at a 6.68% CAP and 8.30 GRM. There is still over 51% upside available once the property is stabilized. The property is master metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1Bed+1Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are vacant, offering immediate upside in rental income. 694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.5172

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $4,300,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 $134k/unit and $141/sqft. The property is currently operating at a 6.68% CAP and 8.30 GRM. There is still over 51% upside available once the property is stabilized. The property is master metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1Bed+1Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are vacant, offering immediate upside in rental income. 694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

694 S Burlington Avenue

Message successfully sent.

What would you like to know?

Related Properties

Strategically located along one of West LA’s most heavily trafficked corridors, this ±6,000 SF multi-tenant retail building features floor-to-ceiling storefront windows and excellent street visibility, with over 49,000 vehicles passing daily. The property is situated approximately 300 feet from the planned UCLA Research Center, scheduled to open in Fall 2026, placing it within a growing medical and tech corridor. The surrounding neighborhood is undergoing demographic and economic changes, supported by UCLA’s expanding presence and the nearby tech companies within the West LA “Silicon Beach” ecosystem. These trends may support repositioning efforts aimed at attracting tenants in professional, research, or tech-related industries. With clean architectural lines, prominent street frontage, and proximity to institutional development, 10931 W Pico Blvd offers flexibility for a range of retail uses in a highly sought-after West LA location.
#AR25163989

Los Angeles

10931 W Pico Boulevard

None Beds

None Baths

6,000 Sq.Ft.

$3,700,000

MLS#: AR25163989

Pleased to present this rare mixed-use investment opportunity located in the heart of Silver Lake along the vibrant West Sunset Boulevard corridor. 2506 W Sunset Blvd is an 8,000 square foot building situated on a 5,694 square foot lot, offering a well-balanced unit mix of three street-level retail storefronts and seven residential apartment units. All but one of the units are currently on month-to-month leases, providing immediate flexibility and repositioning potential for an investor or owner-user. One of the commercial units is intentionally left available, offering instant upside through lease-up. Additionally, the property includes three separate basement units—each approximately 1,000 square feet—ideal for storage rental or creative repurposing. Zoned (Q)C2-1VL with a Tier 3 Transit Oriented Communities (TOC) designation, the property also holds long-term redevelopment potential. With a highly walkable location, under-market rents, and multiple income enhancement opportunities, this offering is well-positioned for those seeking a prime asset in one of Los Angeles’ most dynamic and desirable neighborhoods.
#OC25145252

Los Angeles

2506 W Sunset Boulevard

None Beds

None Baths

8,000 Sq.Ft.

$3,500,000

MLS#: OC25145252

We are pleased to present The Commons @ 37th, a fully leased 20-bed student housing property located just west of USC within the 24-hour DPS patrol zone. Built in 2020 by a top student housing operator, the property features oversized bedrooms, in-unit laundry, large kitchens, and modern amenities including bi-weekly cleaning, WiFi, and covered utilities. Fully leased through the 2025/2026 academic year, the asset offers a 6.64% CAP rate and 10.05 GIM at the asking price. Its location offers walkable access to USC, USC Village, and the Expo/Vermont Metro Station. With no deferred maintenance and strong in-place income, this is a rare opportunity to acquire a passive, recession-resistant asset in one of LA's most stable submarkets. The property also qualifies for 100% bonus depreciation, offering investors a compelling combination of yield, tax shelter, and long-term upside.
#25563433

Los Angeles

1340 W 37th Street

None Beds

None Baths

7,867 Sq.Ft.

$3,900,000

MLS#: 25563433

None
#25563697

Los Angeles

5349 Crenshaw Boulevard

None Beds

None Baths

6,729 Sq.Ft.

$4,500,000

MLS#: 25563697

None
#25563067

Los Angeles

1194 E 35th Street

None Beds

None Baths

11,475 Sq.Ft.

$3,500,000

MLS#: 25563067

Currently subdivided into 6 separate units ranging from 583 sf to 2096 sf. Each unit has its own ADA restroom and HVAC system. There are 14 onsite parking spaces with plenty of surrounding street parking spaces available. Access includes an elevator and two stairwells on opposite sides of the building. Building is gated and secured.
#WS25153088

Los Angeles

4671 Huntington Drive S

None Beds

None Baths

9,000 Sq.Ft.

$3,950,000

MLS#: WS25153088

We are pleased to present a unique mixed-use investment opportunity in the heart of Westwood's bustling commercial corridor. Located just one block from the new 700,000 SF UCLA Science Research Park, this 4,400 SF property benefits from exceptional visibility at the high-traffic intersection of Olympic Blvd and Westwood Blvd and is shadow anchored by a vibrant shopping center featuring Starbucks, Chase Bank, Jersey Mike's, and Poquito Mas. The site features two separate structures comprising two retail units (950 SF each) and four office units, currently generating $18,871/month in gross rent. With long-term stable tenants in place, the property sits on a 5,405 SF lot (0.12 AC) zoned LAC4, offering flexibility for continued retail and office use or future redevelopment in one of Los Angeles' most desirable submarkets. With direct Westwood Boulevard frontage, the location boasts a Walk Score of 90+ and is just five minutes from UCLA, ensuring consistent foot traffic. The property also includes 10 parking spaces, five standard and five tandem, and is anchored by long-term, stable tenants.
#25559993

Los Angeles

2245 Westwood Boulevard

None Beds

None Baths

4,400 Sq.Ft.

$3,740,000

MLS#: 25559993

We are pleased to present a +/-5,317sf commercial building with 25+ parking spaces located on 23,979 SF of C2- 2D zoned, Tier 3 TOC, Opportunity Zone land located along the dynamic Crenshaw Blvd corridor! Located just 1-block away from the new LAX to Crenshaw Metro Rail Line, the property is well positioned to provide tenants with ease of access to LAX, West Adams, USC, DTLA, Santa Monica, and Culver City. Currently, Bank of America operates 2 ATM's on the property with approximately 2 years remaining on their initial lease term. Whether you're a business seeking a high visibility location, or an investor seeking a covered land play, the property is well positioned to provide profits for future generations. The Crenshaw corridor is going through significant upgrades with nearby developments including: The Crenshaw Lofts (195 units), 4252 Crenshaw Blvd (111 units), 4827 Crenshaw Blvd (32 units), 5300 Crenshaw Blvd (82 units), 5144 Crenshaw Blvd (78 units), and the $1 Billion redevelopment of the Baldwin Hills Crenshaw Plaza! 5471 Crenshaw Blvd presents one of the last few remaining 20,000+ SF sites along the Crenshaw Blvd corridor. Contact the listing broker for additional information!
#25559551

Los Angeles

5471 Crenshaw Boulevard

None Beds

None Baths

5,317 Sq.Ft.

$3,495,000

MLS#: 25559551

None
#IV25138515

Los Angeles

303 E 35th Street

None Beds

None Baths

12,596 Sq.Ft.

$3,800,000

MLS#: IV25138515

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here