2049 S Burnside Avenue Active

Los Angeles,CA 90016

$ 950000

5 Beds

0 Bath

2448 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $388

MLS Listing ID CRDW22120822

Bedrooms 5

HOA Y/N No

Year Built 1923

Lot Size 5,775 Sqft

Acres 0.13

Property Description

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 OR PROPERTY. BUYER DECIDED TO SWITCH JOBS 1 WEEK BEOFRE CLOSING! 7/17/24

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Laundry In Garage

Exterior

Exterior Feature Other

Building

New Construction No

Others

Tax ID 5063018018

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