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1366 S Burnside Ave, Los Angeles, CA 90019
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1366 S Burnside Ave Los Angeles, CA 90019

$1,999,999
  • 0 Beds
  • 16 Baths
  • 8,400 Sq.Ft.
Back Up Offer
$1,999,999 Get Pre-Qualified
Map preview of 1366 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1366 S Burnside Ave Los Angeles, CA has -- bedrooms, 16 bathrooms, 8,400 living square feet and 6,099 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: 1366 South Burnside Avenue is a two story 16 unit apartment building with a central hallway located in the Wilshire Vista area just north of Pico Boulevard. Each 1 bathroom studio unit is individually metered with gas and electricity. Rents are current and the building is 100% occupied. The surrounding area is comprised of small apartment buildings and single family homes. Located just a few blocks away are restaurants, shops, and grocery stores.

Listed by Cornell Jones | BRE #01234949 | Berkshire Hathaway HomeServices California Properties
Co-listed by Alexander Woltman | BRE #01243035 | Berkshire Hathaway HomeServices California Properties
Last checked: 28 seconds ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 53
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Home details

Lot Sq. Ft
6,099
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Apartment
Status
Back Up Offer
MLS#
SR24057941
City
Los Angeles
County
Los Angeles
Time on Site
55 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
  • # of Leased Units: 16
  • # of Electric Meters: 17
  • # of Gas Meters: 17
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $884
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $796
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $988
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $773
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $557
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $832
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $806
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $159,456
  • Net Operating Income: $112,403
  • Gross Operating Income: $159,456
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $47,053
  • Electric: $15,759
  • Gas/Fuel: $0
  • Trash: $5,430
  • Gardener: $1,080
  • Insurance: $8,000
  • Maintenance: $5,210
  • Professional Management: $0
  • Water/Sewer: $3,466
  • Other Expenses: $1,707
  • Other Expense Description: LAHD

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Property Details for 1366 S Burnside Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Bath, Kitchen
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 5085036007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: US-101 Los Angeles, CA 90068 ? Take Cahuenga Blvd and Highland Ave to Cochran Ave 21 min (6.5 mi) Head north ? 0.2 mi Merge onto US-101 N ? 0.6 mi Take exit 11A-Exit 11A for Barham Blvd ? 0.1 mi Merge onto Cahuenga Blvd E ? 276 ft Turn right on
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1366 S Burnside Ave

Last sold for $637,000 on April 26th, 2001

  • May, 2024

  • May 14, 2024

    Date

    Back Up Offer

    CRMLS: SR24057941

    $1,999,999

    Price

  • Mar 25, 2024

    Date

    Active

    CRMLS: SR24057941

    $2,799,000

    Price

  • April, 2001

  • Apr 26, 2001

    Date

    Sold (Public Records)

    Public Records

    $637,000

    Price

Show More

Tax History for 1366 S Burnside Ave

Assessed Value (2020): $881,497
Year Land Value Improved Value Assessed Value
2020 $464,318 $417,179 $881,497

Home Value Compared to the Market

This property vs the competition

1366 S Burnside Ave is listed 60.13% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $238.1 per/sqft which puts the price per square foot 69.24% lower than the median price per square foot for the city of Los Angeles.

About 1366 S Burnside Ave

Detailed summary of property

1366 S Burnside Ave is a apartment located in Los Angeles, CA 90019 and is currently in escrow to be sold. This apartment offers -- bedrooms, 16 bathrooms, roughly 8,400 living square feet, and sits on an approximately 6,099 square foot lot. 1366 S Burnside Ave was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner is currently asking $1,999,999 and was originally asking $2,799,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 60.13% higher than the median priced home. Local competing homes currently for sale include 1296 S Citrus Ave, 812 Alandele Ave and 806 Alandele Ave. While the average home in Los Angeles, CA is selling in 94 days, 1366 S Burnside Ave has a days on market of 53 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1366 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 1366 S Burnside Ave

Public county record property details
Beds
16
Baths
16
Year built
1928
Sq. Ft.
8,400
Lot Size
6,097
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
199
APN
5085-036-007

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
66
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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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.

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