1228 S Burnside Ave, Los Angeles, CA 90019
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1228 S Burnside Ave Los Angeles, CA 90019

$1,795,000
  • 4 Beds
  • 2 Baths
  • 3,040 Sq.Ft.
For Sale
$1,795,000 Get Pre-Qualified

Map preview of 1228 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1228 S Burnside Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 3,040 living square feet and 6,329 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A rare trophy Spanish duplex with 1 unit delivered vacant on a beautiful tree-lined street in Miracle Mile. This property has been meticulously upgraded and maintained by current and past owners, with central HVAC, updated copper plumbing, electrical rewiring, restored windows, rebuilt chimney, ADT alarm systems, rebuilt front staircase, upgraded driveway and landscaping, bolted foundation and more. The spacious units of over 1,500sf each offer desirable vintage, center hall floor plans with upgraded kitchen, breakfast room with china cabinets, and laundry room with service porches. Living and formal dining rooms feature intricate tray ceilings and archways, large picture windows, fireplace, and gleaming hardwood floors. Privately situated, large bedrooms provide ample space and storage, with a hall bathroom featuring tub and shower. Behind the automatic driveway gate are 2 car garages for each unit, plus back deck and grassy yard for everyone's enjoyment. They really don't make them like this anymore. Located walking distance to Yummy Market and Sonoratown, and centrally located with easy access to Culver City, Hancock Park, Beverly Hills, and Downtown. A smart, turn key property for investors or owner users looking for a beautiful vintage property to call home.

Listed by Courtney Pickard | BRE #01948903 | Compass
Co-listed by Joe Reichling | BRE #01427385 | Compass
Last checked: 10 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
6,329
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24403677
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,160
  • Total Rent: $4,160
  • Pro Forma/Market Rent: $4,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 16.7
  • Gross Scheduled Income: --
  • Net Operating Income: $100,620
  • Gross Operating Income: $107,520
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1228 S Burnside Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5085015006
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Burnside, S of San Vicente, near Hauser Blvd.
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Sale History for 1228 S Burnside Ave

Last sold for $1,500,000 on May 26th, 2017
  • June, 2024

  • Jun 14, 2024

    Date

    Active

    CRMLS: 24403677

    $1,795,000

    Price

  • May, 2017

  • May 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • May, 2010

  • May 4, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1228 S Burnside Ave

Assessed Value (2020): $1,591,812
Year Land Value Improved Value Assessed Value
2020 $1,061,208 $530,604 $1,591,812

Home Value Compared to the Market

This property vs the competition

1228 S Burnside Ave is listed 45.23% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $590.46 per/sqft which puts the price per square foot 23.81% lower than the median price per square foot for the city of Los Angeles.

About 1228 S Burnside Ave

Detailed summary of property

1228 S Burnside Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 3,040 living square feet, and sits on an approximately 6,329 square foot lot. 1228 S Burnside Ave was first listed on ArdentRealEstateGroup.com on June 14, 2024. The homeowner is currently asking $1,795,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.23% higher than the median priced home. Local competing homes currently for sale include 1296 S Citrus Ave, 5112 Edgewood Pl and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 99 days, 1228 S Burnside Ave has a days on market of 14 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1228 S Burnside Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1228 S Burnside Ave

Public county record property details
Beds
4
Baths
2
Year built
1936
Sq. Ft.
3,040
Lot Size
6,327
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
82
APN
5085-015-006

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
78
Median Sale to List Price %
100.07%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (11.11%)

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Related Resources to 1228 S Burnside Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.