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
Sold for $959,500 on 12/11/24
Listing Provided by:
Jeremy Sifuentes DRE #02083396 562-760-8162,
Century 21 A Better Service
$959,500
2049 S Burnside Ave, Los Angeles, CA 90016
--beds
--baths
2,448sqft
Multi Family
Built in 1923
-- sqft lot
$942,300 Zestimate®
$392/sqft
$4,109 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 13, 2024 at 11:14am
Listing Provided by:
Jeremy Sifuentes DRE #02083396 562-760-8162,
Century 21 A Better Service
Bought with:
Liane Gourdet, DRE #02089394
Distinct Concierge Real Estate
Source: CRMLS,MLS#: DW22120822
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Wall Furnace
Appliances
- Laundry: In Garage
Features
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,448
- Total interior livable area: 2,448 sqft
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,775 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5063018018
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
Services availability
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Estimated market value
$942,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$942,300