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2014 S Burnside Ave, Los Angeles, CA 90016
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2014 S Burnside Ave Los Angeles, CA 90016

$1,200,000
  • 8 Beds
  • 5 Baths
  • 3,310 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified
Map preview of 2014 S Burnside Ave, Los Angeles, CA 90016

Property Overview: 2014 S Burnside Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,310 living square feet and 4,595 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: Amazing opportunity to own this Triplex. Property is about 10 - 20 minutes to downtown Los Angeles, The Grove, and the Beverly Center. Approximately $60,000 has been invested in the property in the last 2 years. Property consists of unit 2016 with 3 bedrooms and 1 1/2 bathrooms, unit 2014 with 2 bedrooms and 1 1/2 bathrooms and unit 2014 1/2 with 3 bedrooms and 2 bathrooms, this is the biggest unit and has a remodeled kitchen and living room, it will be available for you to move in at close of escrow. This Triplex is incredible because it has the potential to accommodate your family in one unit and rent the other two or rent all of them. call now and see it for yourself!!!

Listed by EDGAR LARA | BRE #02167472 | EPIQUE INC
Last checked: 9 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
4,595
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Triplex
Status
Active
MLS#
IV24113284
City
Los Angeles
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $47,250
  • Gross Operating Income: $57,600
Annual Expense Breakdown
  • Total Operating Expense: $10,350
  • Trash: $0
  • Insurance: $6,000
  • Water/Sewer: $4,350

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Property Details for 2014 S Burnside Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Carport, Outside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5063017010
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Washington to South Burnside
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2014 S Burnside Ave

View property's historical transactions

  • June, 2024

  • Jun 4, 2024

    Date

    Active

    CRMLS: IV24113284

    $1,200,000

    Price

  • March, 2024

  • Mar 13, 2024

    Date

    Canceled

    CRMLS: IV24044131

    $900,000

    Price

  • Mar 4, 2024

    Date

    Active

    CRMLS: IV24044131

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    DONT MISS OUT on this Investment Triplex property. Property is about 10 -20 minutes to DT. Los Angeles. Excellent Investment property with lots of upgrades and income potential. Approximately $60,000 has been invested in the property in the last 2 years. The biggest unit has 3 bedrooms and 2 bathrooms with a remodeled kitchen and flooring throughout kitchen, dining room, and living room. Please submit offers subject to interior inspection.

  • March, 2024

  • Mar 13, 2024

    Date

    Canceled

    CRMLS: IV24044005

    $900,000

    Price

  • Mar 4, 2024

    Date

    Active

    CRMLS: IV24044005

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on this Investment Triplex property. Property is about 10 -20 minutes to DT. Los Angeles. Excellent Investment property with lots of upgrades and income potential. Approximately $60,000 has been invested in the property in the last 2 years. The biggest unit has 3 bedrooms and 2 bathrooms with a remodeled kitchen and flooring throughout kitchen, dining room, and living room. Two units will be delivered with tenants in place. Please do not disturb tenants, drive by only. Please submit offers subject to interior inspection.

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Tax History for 2014 S Burnside Ave

Assessed Value (2020): $336,152
Year Land Value Improved Value Assessed Value
2020 $115,465 $220,687 $336,152

Home Value Compared to the Market

This property vs the competition

2014 S Burnside Ave is listed 0% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $362.54 per/sqft which puts the price per square foot 52.79% lower than the median price per square foot for the city of Los Angeles.

About 2014 S Burnside Ave

Detailed summary of property

2014 S Burnside Ave is a triplex located in Los Angeles, CA 90016 and is currently for sale. This triplex offers 8 bedrooms, 5 bathrooms, roughly 3,310 living square feet, and sits on an approximately 4,595 square foot lot. 2014 S Burnside Ave was first listed on ArdentRealEstateGroup.com on June 5, 2024. The homeowner is currently asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 1814 S Sycamore Ave, 1363 Hauser Blvd and 1556 S Genesee Ave. While the average home in Los Angeles, CA is selling in 106 days, 2014 S Burnside Ave has a days on market of 56 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2014 S Burnside Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2014 S Burnside Ave

Public county record property details
Beds
7
Baths
4
Year built
1917
Sq. Ft.
3,310
Lot Size
4,594
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5063-017-010

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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(714) 706-1823

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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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