We are pleased to present a five (5) unit apartment building located at 251 N Burlington Avenue in Los Angeles, California. The subject property is located in a solid Echo Park location, north of Beverly Boulevard and east of Alvarado Street. This well-located Echo Park multifamily property offers a rare investment opportunity with substantial upside. The property is hitting the market for the first time in over 30 years. The building features a streamlined unit mix of all two-bedroom units. Gated and secure with full on-site parking in the rear, the lot also boasts lush front yard landscaping and strong curb appeal. The rear parking area presents excellent potential for ADU development under SB1211, supported by convenient alley access. Surrounded by ongoing and completed developments, the property is also just steps from major commercial corridors like Beverly Blvd, Temple St, and Alvarado St, placing it in a high-demand, rapidly evolving neighborhood. With its solid location, over 70% rental upside, and strong potential for added value through ADU development, this property offers a rare opportunity for investors to capitalize on one of LA's most dynamic and fast-growing rental markets.
Listed by Jason Tuvia
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License #01772495
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Marcus & Millichap
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818-212-2735
Last updated October 14, 2025
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Source: CRMLS #25602319
Listing Facts
TypeMulti-family
NeighborhoodHistoric Filipinotown
Bedrooms10
Days on Prevu44
Size4,474 sqft
Price per sqft$235
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/29/2025
Status changed to Active
$1,050,000
10/23/2025
Status changed to Removed from Feed
$1,050,000
10/06/2025
Listed by Marcus & Millichap
$1,050,000
Property Details for 251 N Burlington Avenue
Exterior
Construction
Number Of Units Total: 5
Stories: 2
Stories Total: 2
Year Built: 1903
Measurements
Building Area Total: 4,474
Lot Size Acres: 0.13
Lot Size Area: 6,001
Lot Size Square Feet: 6,001
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.92
Gross Income: $89,088.00
Taxes
Parcel Number: 5159006016
Interior
Measurements
Living Area: 4,474
Rooms
Bathrooms Total Integer: 5
Bedrooms Total: 10
Parking
Parking
Parking Features: Uncovered
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.