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… Read More 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. Read Less
Courtesy of Equity Union 424-600-7620
Listing Snapshot
Days Online
38
Last Updated
Property Type
Other
Square Ft.
5,040
Lot Size
0.17 Acres
Year Built
1950
MLS Number
25624485
30 Days Snapshot Of 90006
$557k
-13%
(avg) sold price
6
-25%
homes sold
91
+42%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
5,040 sq ft, Built in 1950, Levels: Two
Cooling
None
Disclosures
As Is
Garage
Uncovered
Heating
Wall
Lot
LotAcreage: 0.1677, LotSizeArea: 7,307
Parking
TotalParking: 6
Property
NumberOfUnits: 12, Zoning: LARD1.5
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