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MULTI_FAMILY - Los Angeles, CA
We are pleased to present an exceptional value-add opportunity located at 1350 S. Burlington Avenue. This 1950 asset is already performing at an 11.56 GRM and 5.09% CAP, with a clear path to a 7.96 GRM and 8.86% CAP a rare upside spread in this submarket. The property benefits from major roof repairs, mostly copper plumbing, and six on-site parking spaces. This is an ideal play for investors seeking meaningful rent upside, solid in-place numbers, and a straightforward value-add opportunity in a high-demand rental corridor.
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