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2049 S Burnside Ave, Los Angeles, CA 90016
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2049 S Burnside Ave Los Angeles, CA 90016

$950,000
  • 5 Beds
  • 3 Baths
  • 2,448 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified
Map preview of 2049 S Burnside Ave, Los Angeles, CA 90016

Property Overview: 2049 S Burnside Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,448 living square feet and 5,775 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: Welcome to 2049 S Burnside Ave, situated in Mid-City and it features 3 Units that can produce you a substantial amount of rental income due to its location. The two front units are each 2 bedroom 1 Bath and the unit in the rear is a 1 Bedroom 1 Bath. Zoned Lard 1.5 making it developer friendly as well! It has a spacious driveway which is able to fit all tenants cars , it also has space to make a few car ports in the center of the property, and most importantly it’s less than a 10-20 min drive to DTLA, The Grove, and The Beverly Center. This is a perfect investment opportunity or development opportunity! TWO UNITS ARE CURRENTLY VACANT THOSE HAVE BEEN RECENTLY REMODELED. SELLER WILL BE GIVING NEW OWNER PERMITS FOR ADU. PERMITS ARE NOT FULLY COMPLETED NEW BUYER WILL NEED TO FINALIZE THEM. SELLER IS MOTIVATED TO GET THIS PROPERTY SOLD! BACK ON MARKET NO FAULT TO SELLER! 4/22/24

Listed by Jeremy Sifuentes | BRE #02083396 | Century 21 A Better Service
Last checked: 2 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 628
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Home details

Lot Sq. Ft
5,775
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
DW22120822
City
Los Angeles
County
Los Angeles
Time on Site
697 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,093
  • Total Rent: $1,093
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $26,148
  • Net Operating Income: $26,148
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 2049 S Burnside Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5063018018
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Washington Blvd.
Neighborhood Information
  • Community Features: Biking, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 2049 S Burnside Ave

Last sold on January 5th, 2012

  • June, 2022

  • Jun 6, 2022

    Date

    Active

    CRMLS: DW22120822

    $1,080,000

    Price

  • January, 2012

  • Jan 5, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2011

  • Dec 13, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2049 S Burnside Ave

Assessed Value (2020): $319,492
Year Land Value Improved Value Assessed Value
2020 $186,344 $133,148 $319,492

Home Value Compared to the Market

This property vs the competition

2049 S Burnside Ave is listed 22.45% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $388.07 per/sqft which puts the price per square foot 49.86% lower than the median price per square foot for the city of Los Angeles.

About 2049 S Burnside Ave

Detailed summary of property

2049 S Burnside Ave is a multi family located in Los Angeles, CA 90016 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 2,448 living square feet, and sits on an approximately 5,775 square foot lot. 2049 S Burnside Ave was first listed on ArdentRealEstateGroup.com on June 6, 2022. The homeowner is currently asking $950,000 and was originally asking $1,080,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 22.45% lower than the median priced home. Local competing homes currently for sale include 1936 S West View St, 3008 S West View St and 2419 S Palm Grove Ave. While the average home in Los Angeles, CA is selling in 96 days, 2049 S Burnside Ave has a days on market of 628 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 2049 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 2049 S Burnside Ave

Public county record property details
Beds
6
Baths
5
Year built
1923
Sq. Ft.
2,448
Lot Size
5,774
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5063-018-018

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.
$748
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
74
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Recently Sold Homes Near 2049 S Burnside Ave

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2121 S Burnside Ave, Los Angeles, CA 90016
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2544 Baths
-- Sq.Ft.
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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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