2049 S Burnside Avenue,Los Angeles,Los Angeles,ResidentialIncome

$ 950,000
2049 S Burnside Avenue,

Overview

  • Updated On:
  • March 7, 2024

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! BACK ON THE MARKET NO FAULT TO SELLER OR PROPERTY BUYER COULD NOT PERFORM. 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!

Address: 2049 S Burnside Avenue
State/County:
Zip: 90016
Country: US
Open In Google Maps
Property Id : 44529
Price: $ 950,000
Property Lot Size: 0 ft2
ArchitecturalStyle: Spanish
BuildingAreaTotal: 2448
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 1.500
BuyerAgencyCompensationType: Item1
CommonWalls: Item2CommonWalls
CommunityFeatures: Biking,StormDrains,StreetLights,Suburban,Sidewalks
ContractStatusChangeDate: 2022-06-06
Directions: South of Washington Blvd.
Electric: Standard
Flooring: Wood
CumulativeDaysOnMarket: 604
DaysOnMarket: 604
ElectricExpense: 0
ElevationUnits: Feet
Other Features
Has Heating System
Property Attached
$ 4,870.84
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,683.34
Sun 14 Sep
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