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2305 S Burnside Ave

Los Angeles, CA 90016
  • $1,195,000
  • STATUS: Active
  • ON SITE: 107 Days
  • MLS #: 22-123543
Price Reduced
UPDATED: 187 min ago
$1,195,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,937
    SQFT
  • $617
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

$100K Price REDUCTION- ALL UNITS we be delivered VACANT- Investors looking for a ready remodel property. Endless possibilities in One of the most rapidly transforming neighborhoods of Los Angeles. This 3 unit multifamily property is remodeled. market rent for new income-generating 6.5% cap rater existing on this 5820SQ ft RD1.5 zoning with no tenants. This 3 unit income property features. It's perfect for Owner Users with no sharing walls. Each unit has an open kitchen concept, room to add a washer and dryer, two entrances, and an open floor plan great location close to culver city, Beverly Hills, and Downtown Los Angeles. Tech companies are moving to this area, which is evidence of the long-term investment strategy and investor confidence in the growth of this part of Los Angeles. The property is being sold in AS-IS condition.Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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.
www.searchdesertrealestate.com/homes/125290934
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2305 S Burnside Ave Los Angeles, CA 90016

  • Price: $1,195,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 187 min ago
  • MLS #: 22-123543
4
Beds
0
Baths
0
½ Baths
0.13
Acres
1,937
SQFT
$617
$/SQFT
1924
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
$100K Price REDUCTION- ALL UNITS we be delivered VACANT- Investors looking for a ready remodel property. Endless possibilities in One of the most rapidly transforming neighborhoods of Los Angeles. This 3 unit multifamily property is remodeled. market rent for new income-generating 6.5% cap rater existing on this 5820SQ ft RD1.5 zoning with no tenants. This 3 unit income property features. It's perfect for Owner Users with no sharing walls. Each unit has an open kitchen concept, room to add a washer and dryer, two entrances, and an open floor plan great location close to culver city, Beverly Hills, and Downtown Los Angeles. Tech companies are moving to this area, which is evidence of the long-term investment strategy and investor confidence in the growth of this part of Los Angeles. The property is being sold in AS-IS condition.Broker/Agent does not guarantee the accuracy of the square footage, lot size, or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Exterior Features

Lot Size Area 5789 Other Structures None Parking Garage Detached Pool Description None Pool YN No Spa None Spa YN No Total Parking 3 View Description None View YN No

Interior Features

Baths Total 3.00 Cooling Window Unit(S) Equipment None Heating Wall Gas

Property Features

Assessed Total Value 860000 Entry Floor Number 1 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Water Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Units Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Shawn Mehrannia DRE#01874025 of Home Team Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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.
 
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