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2049 S Burnside Avenue

Los Angeles (City), CA 90016
  • $950,000
  • STATUS: Pending
  • ON SITE: 719 Days
  • ID#: DW22120822
Pending
$950,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Jeremy Sifuentes of Century 21 A Better Service (562-806-1000)


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 its 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

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/129551319
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2049 S Burnside Avenue Los Angeles (City), CA 90016

  • Price: $950,000
  • Status: Pending
  • On Site: 719 Days
  • ID#: DW22120822
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
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 its 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
Exterior Features

Architectural Style Spanish Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features BikingStorm Drain(s)Street LightsSuburbanSidewalks Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 26148 Gross Scheduled Income 26148 Insurance Expense 0 Land Lease YN No Laundry Features In Garage Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 26148 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-26T00:37:59.79. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Jeremy Sifuentes of Century 21 A Better Service (562-806-1000)