1253 S Burnside Ave, Los Angeles, CA 90019
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1253 S Burnside Ave Los Angeles, CA 90019

$2,200,000 Sold Price as of 10/01/2021
  • 7 Beds
  • 4 Baths
  • 4,232 Sq.Ft.
Sold
$2,200,000 Sold Price as of 10/01/2021 Refinance Your Mortgage

Map preview of 1253 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1253 S Burnside Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 4,232 living square feet and 6,306 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for an owner occupant building with good income? This 4-unit architectural gem is on a quiet, tree-filled street. Between Olympic and San Vicente. The two rear units will be delivered vacant (2+1 townhome style 1150 sqft & 1+1 over detached garage 750 sqft). The front building has three townhome style 2-bed/1- baths each. The back is a one bedroom over 4 one car garages. The units are on separate meters and one garage has its own meter and was being used as an office. All units have their own laundry, dishwasher, hardwood floors and lots of storage. Original moldings, front bay windows and dining rooms in each unit. Strong rents and well-maintained buildings. The property is south of LACMA, close to The Grove, shopping and great restaurants. Short drive to Beverly Hills, West Hollywood, Hancock Park, etc.

Listed by Darren Hubert | BRE #01330183 | Keller Williams Realty Los Feliz
Co-listed by Joseph Cloninger | BRE #01954784 | Keller Williams Realty Los Feliz
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,306
HOA Dues
$0/mo
Year built
1939
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21766462
City
Los Angeles
County
Los Angeles
Time on Site
1026 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,218
  • Total Rent: $3,218
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.35
  • Gross Scheduled Income: --
  • Net Operating Income: $112,860
  • Gross Operating Income: $112,860
  • # of Rented Garages: 4
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $1,020
  • Trash: $75
  • Insurance: $208
  • Maintenance: $335
  • Water/Sewer: $175

Property Details for 1253 S Burnside Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual, Heat Pump
Laundry Information
  • Has Laundry
  • Stackable
Room Information
  • Flooring: Wood, Tile, Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Crown Molding, High Ceilings
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition, Rolled/Hot Mop, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5085016030
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Between Olympic & San Vicente & just east of Hauser
View more facts & features

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Sale History for 1253 S Burnside Ave

Last sold for $2,200,000 on October 1st, 2021
  • August, 2021

  • Aug 13, 2021

    Date

    Pending

    CRMLS: 21766462

    $2,195,000

    Price

  • Jul 29, 2021

    Date

    Active

    CRMLS: 21766462

    $2,195,000

    Price

  • January, 2004

  • Jan 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • June, 2001

  • Jun 27, 2001

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

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Tax History for 1253 S Burnside Ave

Assessed Value (2020): $1,020,525
Year Land Value Improved Value Assessed Value
2020 $663,019 $357,506 $1,020,525

Home Value Compared to the Market

This property vs the competition

1253 S Burnside Ave sold on October 1, 2021 for 84.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $518.67 per/sqft which puts the price per square foot 31.3% lower than the current median sale per square foot for the city of Los Angeles.

About 1253 S Burnside Ave

Detailed summary of property

1253 S Burnside Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 4,232 living square feet, and sits on an approximately 6,306 square foot lot. 1253 S Burnside Ave was first listed on ArdentRealEstateGroup.com on July 29, 2021. The homeowner sold the property for $2,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 84.45% higher than the current median priced home. Local homes that are currently for sale include 816 S Orange Grove Ave, 1122 S Citrus Ave and 1852 S La Brea Ave. While the average home in Los Angeles, CA is selling in 92 days, 1253 S Burnside Ave has a days on market of 13 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1253 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 1253 S Burnside Ave

Public county record property details
Beds
7
Baths
7
Year built
1939
Sq. Ft.
4,234
Lot Size
6,305
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
66
APN
5085-016-030

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1253 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.