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Los Angeles 90016 Mid City
2049 S Burnside Avenue
$950,000
Multifamily - For Sale

2049 S Burnside Avenue

Los Angeles, CA 90016
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2448 Sqft
$4,665
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to 2049 S Burnside Ave, situated in Mid-City and it features 3 Units that can produce you a substantial amount of rental income due to its location. The two front units are each 2 bedroom 1 Bath and the unit in the rear is a 1 Bedroom 1 Bath. Zoned Lard 1.5 making it developer friendly as well! It has a spacious driveway which is able to fit all tenants cars , it also has space to make a few car ports in the center of the property, and most importantly it's less than a 10-20 min drive to DTLA, The Grove, and The Beverly Center. This is a perfect investment opportunity or development opportunity! BACK ON THE MARKET NO FAULT TO SELLER OR PROPERTY BUYER COULD NOT PERFORM. TWO UNITS ARE CURRENTLY VACANT. 1 BED 1 BATH WAS RECENTLY REMODELED 3 WEEKS AGO. SELLER WILL BE GIVING NEW OWNER PERMITS FOR ADU. PERMITS ARE NOT FULLY COMPLETED NEW BUYER WILL NEED TO FINALIZE THEM. SELLER IS MOTIVATED TO GET THIS PROPERTY SOLD!

The manager has listed the unit size as 2448 square feet.
Unit Size
2,448Ft²
Days on Market
692 days
Land Size
0.13 acres
Price per sqft
$388
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1923
Listed By
Jeremy Sifuentes
Jeremy Sifuentes
Century 21 A Better Service
Last updated: 6 days ago (MRMLSCA #DW22120822)

Price History

Date / Event Date Event Price
Apr 23, 2024 Relisted $950,000
Relisted
Mar 22, 2024 In contract -
In contract
Feb 21, 2024 Price Decreased $950,000
↓ $75K (7.3%)
Price Decreased
Jan 26, 2024 Price Decreased $1,025,000
↓ $55K (5.1%)
Price Decreased
Nov 6, 2023 Relisted $1,080,000
Relisted
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Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
4 Baths
1,873 ft²
$534/ft²
$1,000,000 Apr 12, 2024
-
-
Triplex
5 Beds
3 Baths
2,335 ft²
$407/ft²
$949,900 Apr 9, 2024
-
-
Other
Loft
-
2,016 ft²
$494/ft²
$995,000 Dec 5, 2023
-
-
Townhouse
3 Beds
2 Baths
1,520 ft²
$657/ft²
$999,000 Apr 15, 2024
-
$450/mo
House
3 Beds
2 Baths
1,471 ft²
$748/ft²
$1,100,000 Mar 21, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2049 South Burnside Avenue 2049 South Burnside Avenue, Los Angeles, CA 90016
  • 1 Unit for Sale
More about this Building
2049 South Burnside Avenue
Want to find out who owns 2049 South Burnside Avenue, Los Angeles, CA 90016? Get detailed property transactions here .

About South LA


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