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1703 S Burlington Ave, Los Angeles, CA, 90006

5beds
4baths
3,604sqft
$995,000
$276price/sqft
$7,040/moest. monthly cost
$281,600/yrincome needed

About This Home

We are proud to present a rare opportunity to acquire a fully renovated 4-unit Craftsman compound on Burlington Ave, offering a true "turnkey" investment in one of Los Angeles' most central rental corridors. Comprised of a duplex and a single-family residence with an attached ADU, this thoughtfully re-imagined property has undergone a comprehensive remodel featuring mini-split HVAC systems, modern laminate flooring, stainless steel appliances, quartz countertops, and more. Most of the units are equipped with in-unit laundry, catering to today's tenant expectations and maximizing rental appeal. The property offers spacious and efficient layouts, including two-bedroom units exceeding 1,100 SF, a one-bedroom unit over 800 SF, and a well-designed studio space over 500 SF providing flexibility for a wide range of tenant profiles. The charming front yard is highlighted by a white picket fence, shaded patio, and a parking field with a total of 7 spaces, creating a welcoming, residential feel that sets this asset apart from typical multifamily offerings. Strategically located just minutes from University of Southern California, Exposition Park, BMO Stadium, and Downtown Los Angeles, the property benefits from strong and consistent rental demand. Immediate access to the 110 and 10 Freeways ensures seamless connectivity across the city. This is an ideal opportunity for both investors seeking stabilized, low-maintenance income and owner-users looking to capitalize on a high-quality, income-producing asset.

Getting Around

91
WalkingWalker's Paradise
71
TransitExcellent Transit
79
BikeVery Bikeable

Schools

3/10
Berendo Middle SchoolGrades 6-80.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1919

Type & Style

  • Home type: MultiFamily
  • Architectural style: Craftsman
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Water Heater Unit
  • Laundry features: Inside,Gas Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Flooring: Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 3,604
  • Total interior livable area: 3,604 sqft

Property

Details

  • Parcel number: 5135011014
  • Zoning: LARD1.5
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Fenced Yard
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 7,897 sqft
  • Features: Front Yard,Curbs

Parking

  • Total spaces: 7
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$226$2,712
Property Taxes $1,011$12,132
Electricity $772$9,273
Total$7,040$84,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$241,371/yr
40% on housing$211,200/yr
45% on housing$187,733/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 90006$419
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90006$474
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$1,295,000
2026-05-05Contingent$1,295,000
2026-04-13Listed for sale$1,295,000
2025-07-21Listing removed$2,595
2025-05-20Listed for rent$2,595
2024-04-02Listing removed--
2024-03-23Listed for rent$2,595
2023-09-01Listing removed--
2023-08-04Listed for rent$2,595
2021-06-13Listing removed--
2021-06-09Listed for rent$2,500
2020-11-30Listing removed$1,299,999
2020-07-23Listed for sale$1,299,999
2020-06-02Listing removed$2,500
2020-05-29Sold$1,300,000
2020-03-17Listed for rent$2,500
2020-03-09Pending sale$1,399,900
2020-02-13Listed for sale$1,399,900
2019-05-20Sold$700,000
2019-05-02Pending sale$699,999
2019-04-30Listed for sale$699,999
2019-04-22Pending sale$699,999
2019-04-22Listed for sale$699,999
2019-04-22Pending sale$699,999
2019-03-30Listed for sale$699,999

For Sale by Agent

AgentStephen F. Watson
BrokerageKeller Williams Los Angeles

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