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1618 S Burnside Ave, Los Angeles, CA 90019
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1618 S Burnside Ave Los Angeles, CA 90019

$1,250,000
  • 3 Beds
  • 3 Baths
  • 1,628 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 1618 S Burnside Ave, Los Angeles, CA 90019

Property Overview: 1618 S Burnside Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,628 living square feet and 6,002 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: ** INTEREST IS GOING DOWN, IT'S THE PERFECT TIME TO PURCHASE YOUR DREAM HOME ** GREAT UP & COMING AREA!! Zoned RD1.5 for future larger development. Subject property is 2 houses on one lot. Front house is a 2 bed + 2 bath and the rear house is a 1 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in its present AS IS condition.

Listed by Max Lee | BRE #01905008 | Real Broker
Last checked: 3 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
6,002
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24373092
City
Los Angeles
County
Los Angeles
Time on Site
31 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: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,872
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1618 S Burnside Ave

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Property Details for 1618 S Burnside Ave

Interior Features
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5064002016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Venice Blvd and East of Hauser Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1618 S Burnside Ave

Last sold for $1,000,500 on July 27th, 2022

  • March, 2024

  • Mar 26, 2024

    Date

    Active

    CRMLS: 24373092

    $1,250,000

    Price

  • July, 2023

  • Jul 16, 2023

    Date

    Expired

    CRMLS: 23274269

    $1,250,000

    Price

  • May 25, 2023

    Date

    Active

    CRMLS: 23274269

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2022

  • Jul 27, 2022

    Date

    Sold

    CRMLS: 22156115

    $1,000,500

    Price

  • May 12, 2022

    Date

    Active

    CRMLS: 22156115

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    Attention ALL builders and investors - Rare Opportunity to acquire two adjacent RD1.5 lots (along with 1612 S Burnside) totaling over 14,600 sq ft land area. Zoned RD1.5 for future larger development. Seller owns both properties and wishes to sell both properties at the same time in order to effectuate their 1031 Tax Deferred Exchange. Subject property is 2 houses on one lot. Front house is a 3 bed + 2 bath and the rear house is a 2 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. 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 its present AS IS condition.

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Tax History for 1618 S Burnside Ave

Assessed Value (2020): $69,656
Year Land Value Improved Value Assessed Value
2020 $41,167 $28,489 $69,656

Home Value Compared to the Market

This property vs the competition

1618 S Burnside Ave is listed 0.08% 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 $772 and this home is listed at $767.81 per/sqft which puts the price per square foot 0.54% lower than the median price per square foot for the city of Los Angeles.

About 1618 S Burnside Ave

Detailed summary of property

1618 S Burnside Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 1,628 living square feet, and sits on an approximately 6,002 square foot lot. 1618 S Burnside Ave was first listed on ArdentRealEstateGroup.com on March 26, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.08% higher than the median priced home. Local competing homes currently for sale include 1379 S Orange Dr, 1637 S Highland Ave and 4840 Mascot St. While the average home in Los Angeles, CA is selling in 97 days, 1618 S Burnside Ave has a days on market of 31 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1618 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 1618 S Burnside Ave

Public county record property details
Beds
3
Baths
2
Year built
1926
Sq. Ft.
1,628
Lot Size
5,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5064-002-016

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.
$701
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
58
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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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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