2049 S Burnside AVE, Los Angeles, CA 90016 – DW22120822

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Marcia Alves

marcia@marciabrazil.com +1(702) 300-6969

$ 950,000

Est. payment | -/mo

5,776 Sqft Lot

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$ 950,000

Est. payment | -/mo

Save Virtual Tour

5,776 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DW22120822

HOA Y/N No

Year Built 1923

Lot Size 5,776 Sqft

Property Description

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! TWO UNITS ARE CURRENTLY VACANT THOSE HAVE BEEN RECENTLY REMODELED. 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! BACK ON MARKET NO FAULT TO SELLER OR PROPERTY. BUYER DECIDED TO SWITCH JOBS 1 WEEK BEOFRE CLOSING! 7/17/24

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Pool None

Community Features Biking, Storm Drain(s), Street Lights, Suburban, Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5063018018

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Jeremy Sifuentes • Century 21 A Better Service • 562-760-8162

+1(702) 300-6969

marcia@marciabrazil.com

1780 W Horizon Ridge Pkwy # 100, Henderson, NV, 89012, USA