Westlake 5 Unit Apartment Building For Sale – 272 S Burlington Ave, Los Angeles, CA 90057

Rare Westlake North Value-Add Opportunity | Delivered 40% Vacant | Detached Owner-User Unit

Jared Levine of JML Real Estate Group | KW Commercial is proud to present The Burlington, a 5-unit bungalow-style apartment building located in the heart of Westlake North at 272 S Burlington Ave, Los Angeles, CA 90057.

Built in 1923, this charming multifamily property consists of approximately 2,778 square feet of improvements situated on a 5,172 square foot elevated corner lot, featuring a detached owner-user unit with city views.

This is a rare opportunity to acquire a centrally located Los Angeles apartment building with immediate rental upside and reposition potential.

Property Snapshot

• Address: 272 S Burlington Ave, Los Angeles, CA 90057

• Units: 5

• Year Built: 1923

• Building Size: Approx. 2,778 SF

• Lot Size: Approx. 5,172 SF

• Configuration: Charming bungalow-style layout

• Detached Owner’s Unit

• 3 Garages + Clear Channel Billboard (Lease – Buyer to Verify)

• Corner Lot with Secured Access & Strong Frontage

The Investment Opportunity – 35%+/- Rental Upside

The Burlington presents a compelling value-add opportunity in one of Central LA’s strongest rental corridors.

Delivered 40% Vacant (2 of 5 Units)

• Vacant detached owner-user unit

• Immediate repositioning opportunity

• Ability to capture market rents quickly

• Strong demand from both market-rate and Section 8 tenants

Current ownership has completed upgrades to:

• Electrical systems

• Roofing

• Plumbing

(Buyer to independently verify.)

With approximately 35% (+/-) projected rental upside, this property allows an investor to significantly increase income while benefiting from long-term neighborhood growth and gentrification trends.

For an owner-user buyer, the detached vacant unit provides rare flexibility to live on-site while generating income from the remaining units.

Westlake North – Central LA Location with Long-Term Growth

Westlake North continues to experience strong rental demand due to its central location and accessibility.

The property is located within close proximity to:

• Echo Park

• Hollywood

• Koreatown

• Downtown Los Angeles (DTLA)

Residents enjoy easy access to:

• Echo Park Lake

• Cafés, restaurants, and nightlife

• Major employment hubs

• Public transit corridors

  
  

This location offers a unique combination of historic character, urban density, and continued reinvestment — making it attractive to both tenants and long-term investors.

Why 272 S Burlington Stands Out

In today’s Los Angeles multifamily market, it is increasingly rare to find:

• A 5-unit apartment building with delivered vacancy

• Detached owner-user configuration

• Elevated lot with city views

• Billboard income component

• Corner positioning with strong street presence

• Value-add potential exceeding 30%

  
  

The Burlington offers scale, character, and upside — all within a manageable 5-unit footprint ideal for both seasoned investors and 1031 exchange buyers.

Schedule a Private Tour or Request the Offering Memorandum

If you are actively looking for:

• A 5-unit apartment building for sale in Westlake

• An Echo Park adjacent multifamily investment

• A Central Los Angeles value-add opportunity

• An ideal owner-user income property

  
  

Please contact:

Jared Levine 818.657.6556 | www.jmlreg.com | jared@jaredmlevine.com

If you are considering selling a multifamily property in Westlake, Echo Park, Koreatown, or anywhere in Los Angeles, JML Real Estate Group specializes in marketing and selling apartment buildings throughout LA County. We would be happy to provide a confidential Broker Opinion of Value at no obligation.