2049 S Burnside Avenue

Los Angeles, CA 90016

PRICE REDUCED

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-$130,000 (-12.04%)

$950,000

List Price

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1923

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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

Listing Information

List Price $950,000
Status Active
MLS DW22120822
Type Residential Income
Year Built 1923
Lot Size 5,775
Structure Size N/A
DOM 709
Courtesy Of Century 21 A Better Service
Listing Agent Jeremy Sifuentes DRE#02083396

Interior Features

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Total Bedroom
Bedrooms N/A
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Material Wood
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Features None

Exterior Information

Maps

Listing information courtesy of: Jeremy Sifuentes, Century 21 A Better Service 562-760-8162. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 4:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.