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1612 S Burnside Ave, Los Angeles, CA 90019
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1612 S Burnside Ave Los Angeles, CA 90019

$1,150,000 Sold Price as of 07/12/2022
  • 4 Beds
  • 2 Baths
  • 1,714 Sq.Ft.
Sold
$1,150,000 Sold Price as of 07/12/2022 Refinance Your Mortgage
Map preview of 1612 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1612 S Burnside Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,714 living square feet and 8,624 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Gateway to Culver City and the Westside: Attention all Builders and Investors - Rare opportunity to acquire a large RD1.5 lot with approximately 8,624 sq ft along with adjacent 6,000 sq ft parcel (1618 S Burnside) totaling over 14,600 land area. Zoned RD1.5 for larger project development. Seller owns both properties and wishes to sell both properties at the same time. Subject is two detached houses on one lot: front house is 2 bed + 1 bath and rear house also 2+1. Both units are tenant occupied and will not be delivered vacant. Large 3-car garage in back. Separately metered for gas & elec. Operating expenses, Cap rate, etc. are estimates only and not verified. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in AS IS condition.

Listed by Gary Tani | BRE #00790615 | Coldwell Banker Spectrum
Last checked: 3 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,624
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22156050
City
Los Angeles
County
Los Angeles
Time on Site
723 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,490
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 28.89
  • Gross Scheduled Income: --
  • Net Operating Income: $20,880
  • Gross Operating Income: $32,880
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1612 S Burnside Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room
Room Information
  • Living Room
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Detached Carport, Uncovered
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5064002017
  • Architectural Style: Spanish
  • Has Additional Parcels
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: S of Venice and E of Hauser
View more facts & features

Local Los Angeles Agent

Sale History for 1612 S Burnside Ave

Last sold for $1,150,000 on July 12th, 2022

  • July, 2022

  • Jul 12, 2022

    Date

    Sold

    CRMLS: 22156050

    $1,150,000

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: 22156050

    $950,000

    Price

Tax History for 1612 S Burnside Ave

Assessed Value (2020): $82,788
Year Land Value Improved Value Assessed Value
2020 $45,535 $37,253 $82,788

Home Value Compared to the Market

This property vs the competition

1612 S Burnside Ave sold on July 12, 2022 for 20.17% lower 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 $554.26 per/sqft which puts the price per square foot 26.59% lower than the current median sale per square foot for the city of Los Angeles.

About 1612 S Burnside Ave

Detailed summary of property

1612 S Burnside Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,714 living square feet, and sits on an approximately 8,624 square foot lot. 1612 S Burnside Ave was first listed on ArdentRealEstateGroup.com on May 12, 2022. The homeowner sold the property for $1,150,000. 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 20.17% lower than the current median priced home. Local homes that are currently for sale include 2701 S Cloverdale Ave, 2419 S Palm Grove Ave and 2032 S Palm Grove Ave. While the average home in Los Angeles, CA is selling in 96 days, 1612 S Burnside Ave has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1612 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 1612 S Burnside Ave

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
1,714
Lot Size
8,639
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
6
APN
5064-002-017

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
$1,675,000
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%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1612 S Burnside Ave

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Recently Sold Homes Near 1612 S Burnside Ave

1618 S Burnside Ave, Los Angeles, CA 90019
$1,000,500 Last Sold Price
3 Beds
2 Baths
1628 Sq.Ft.
1618 S Burnside Ave
Los Angeles, CA 90019
1630 S Ridgeley Dr, Los Angeles, CA 90019
$1,030,000 Last Sold Price
6 Beds
6 Baths
1420 Sq.Ft.
1630 S Ridgeley Dr
Los Angeles, CA 90019
1547-49 S Dunsmuir Ave, Los Angeles, CA 90019
$736,229 Last Sold Price
2 Beds
2 Baths
1260 Sq.Ft.
1547-49 S Dunsmuir Ave
Los Angeles, CA 90019
1553 S Ridgeley Dr, Los Angeles, CA 90019
$990,000 Last Sold Price
4 Beds
4 Baths
2458 Sq.Ft.
1553 S Ridgeley Dr
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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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