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1460 S Burnside Ave, Los Angeles, CA 90019
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1460 S Burnside Ave Los Angeles, CA 90019

$1,495,499
  • 20 Beds
  • 10 Baths
  • 3,744 Sq.Ft.
Pending
$1,495,499 Get Pre-Qualified
Map preview of 1460 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1460 S Burnside Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 3,744 living square feet and 6,155 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: Outstanding Investment Opportunity in Prime Mid-City Location or a Developers dream! This is a great four-unit complex in the middle of Mid-City on a Huge Corner Lot. Addresses include 1460-62 Burnside Ave and 5315-17 Saturn Street. Separate garages makes this space ADU desirable. Each unit is a townhouse style amongst 2 buildings with hardwood floors and great interior architectural curves. This property is strategically positioned with easy access to major freeways and the metro line. Don't miss out on this distinctive investment opportunity in the heart of Los Angeles! Contact us today for more information and to schedule a viewing.

Listed by Fred Smith II | BRE #01323743 | YBi Realty
Last checked: 3 minutes ago | Last updated: June 21st, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
6,155
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Multi Family
Status
Pending
MLS#
24392885
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $648
  • Total Rent: $648
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $449
  • Total Rent: $449
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $55,293
  • Gross Operating Income: $87,564
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $2,400
  • Gardener: $75
  • Insurance: $18,594
  • Water/Sewer: $2,100

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Property Details for 1460 S Burnside Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Carpet, Laminate
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
  • Window Features: Drapes
  • Security Features: Carbon Monoxide Detector(s), Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage - Single Door, Garage - Two Door, Garage - Three Door, Gated, Uncovered
Lot Information
  • Lot Features: Corners Marked, Rectangular Lot
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5069033001
  • Year Built Source: Other
  • Accessibility Features: Doors - Swing In, Grab Bars In Bathroom(s)
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From downtown Santa Monica head east on Interstate 10. Get off at fairfax Ave. Turn left at Fairfax Ave. and go to Venice Blvd. and make a right to Hauser Blvd. Then make a left on Hauser blvd until Saturn Street make a right. Go to Burnside Ave. The corner of Burnside and Saturn
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Local Los Angeles Agent

Sale History for 1460 S Burnside Ave

View property's historical transactions

  • June, 2024

  • Jun 20, 2024

    Date

    Pending

    CRMLS: 24392885

    $1,495,499

    Price

  • May 15, 2024

    Date

    Active

    CRMLS: 24392885

    $1,495,499

    Price

Tax History for 1460 S Burnside Ave

Assessed Value (2020): $80,655
Year Land Value Improved Value Assessed Value
2020 $34,052 $46,603 $80,655

Home Value Compared to the Market

This property vs the competition

1460 S Burnside Ave is listed 19.74% 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 $778 and this home is listed at $399.44 per/sqft which puts the price per square foot 48.66% lower than the median price per square foot for the city of Los Angeles.

About 1460 S Burnside Ave

Detailed summary of property

1460 S Burnside Ave is a multi family located in Los Angeles, CA 90019 and is currently in escrow to be sold. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 3,744 living square feet, and sits on an approximately 6,155 square foot lot. 1460 S Burnside Ave was first listed on ArdentRealEstateGroup.com on May 16, 2024. The homeowner is currently asking $1,495,499. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.74% higher than the median priced home. Local competing homes currently for sale include 1043 S Sierra Bonita Ave, 1847 S Curson Ave and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 98 days, 1460 S Burnside Ave has a days on market of 36 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1460 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 1460 S Burnside Ave

Public county record property details
Beds
8
Baths
4
Year built
1937
Sq. Ft.
3,744
Lot Size
6,153
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5069-033-001

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
$1,459,000
Median List Price/Sq.Ft.
$683
Median Sold Price
$1,500,000
Median Sold Price/Sq.Ft.
$678
Total Inventory
71
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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1366 S Burnside Ave, Los Angeles, CA 90019
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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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