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2046 S Burnside Ave, Los Angeles, CA 90016
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2046 S Burnside Ave Los Angeles, CA 90016

$1,115,000
  • 8 Beds
  • 4 Baths
  • 3,408 Sq.Ft.
Pending
$1,115,000 Get Pre-Qualified
Map preview of 2046 S Burnside Ave, Los Angeles, CA 90016

Property Overview: 2046 S Burnside Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,408 living square feet and 5,867 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: Excellent Investment opportunity to own 4-plex in Mid-City neighborhood. Very convenient to public transporation, DTLA, the Grove, Beverly Center and a short distance to many restaurants and shopping on Pico/La Brea area. Easy access to the Santa Monica freeway. Minutes from LAX. Please do not disturb the existing tenants or walk the property without an appointment.

Listed by Dallas Matthews | BRE #00988082 | Litenew Realty
Last checked: 8 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 305
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Home details

Lot Sq. Ft
5,867
HOA Dues
$0/mo
Year built
1953
Garage
4 Car
Property Type:
Multi Family
Status
Pending
MLS#
23274883
City
Los Angeles
County
Los Angeles
Time on Site
327 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $897
  • Total Rent: $897
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,194
  • Total Rent: $1,194
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $783
  • Total Rent: $783
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $38,016
  • Gross Operating Income: $46,488
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $1,504
  • Gardener: $900
  • Insurance: $2,468
  • Maintenance: $900
  • Water/Sewer: $2,700

Open Houses for 2046 S Burnside Ave

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Property Details for 2046 S Burnside Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5063016026
  • Year Built Source: Assessor
  • Accessibility Features: None
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: Burnside and Washington Blvd
View more facts & features

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Sale History for 2046 S Burnside Ave

View property's historical transactions

  • March, 2024

  • Mar 29, 2024

    Date

    Pending

    CRMLS: 23274883

    $1,115,000

    Price

  • May 29, 2023

    Date

    Active

    CRMLS: 23274883

    $1,350,000

    Price

  • September, 2018

  • Sep 6, 2018

    Date

    Expired

    CRMLS: 18350388

    $999,000

    Price

  • Aug 27, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Aug 26, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Aug 16, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Aug 16, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Aug 6, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Aug 5, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Jul 26, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Jul 26, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Jul 16, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Jul 15, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Jul 5, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Jul 5, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Jun 25, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Jun 25, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Jun 16, 2018

    Date

    Hold

    CRMLS: 18350388

    $999,000

    Price

  • Jun 2, 2018

    Date

    Active

    CRMLS: 18350388

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Investment Opportunity to own in a highly sought after Neighborhood, Mid-City Heights. This 4-plex is well maintained, 2 bed/ 1 bath in each unit, double car garage, total of 6 parking spots. Don't Miss this Opportunity!!!

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Tax History for 2046 S Burnside Ave

Assessed Value (2020): $78,849
Year Land Value Improved Value Assessed Value
2020 $27,768 $51,081 $78,849

Home Value Compared to the Market

This property vs the competition

2046 S Burnside Ave is listed 9.79% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $327.17 per/sqft which puts the price per square foot 57.68% lower than the median price per square foot for the city of Los Angeles.

About 2046 S Burnside Ave

Detailed summary of property

2046 S Burnside Ave is a multi family located in Los Angeles, CA 90016 and is currently in escrow to be sold. This multi family property offers 8 bedrooms, 4 bathrooms, roughly 3,408 living square feet, and sits on an approximately 5,867 square foot lot. 2046 S Burnside Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $1,115,000 and was originally asking $1,350,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 9.79% lower than the median priced home. Local competing homes currently for sale include 2720 S Sycamore Ave, 1839 S La Brea Ave and 5435 Smiley Dr. While the average home in Los Angeles, CA is selling in 96 days, 2046 S Burnside Ave has a days on market of 305 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 2046 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 2046 S Burnside Ave

Public county record property details
Beds
8
Baths
4
Year built
--
Sq. Ft.
3,408
Lot Size
5,866
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5063-016-026

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
$1,150,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$955,000
Median Sold Price/Sq.Ft.
$651
Total Inventory
73
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (13.33%), Other (33.33%)

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Recently Sold Homes Near 2046 S Burnside Ave

2037 S Burnside Ave, Los Angeles, CA 90016
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2037 S Burnside Ave
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2207 S Dunsmuir Ave, Los Angeles, CA 90016
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2335 Sq.Ft.
2207 S Dunsmuir Ave
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2138 S Dunsmuir Ave, Los Angeles, CA 90016
$1,519,000 Last Sold Price
7 Beds
7 Baths
4368 Sq.Ft.
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2121 S Burnside Ave, Los Angeles, CA 90016
$2,300,000 Last Sold Price
3180 Beds
2544 Baths
-- Sq.Ft.
2121 S Burnside Ave
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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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