Listed By:
Dallas Matthews with Litenew Realty;
Address
2046 S Burnside Avenue, Los Angeles, CA
Price
$ 1,115,000
Property Attributes
  • MLS#23274883
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Price$ 1,115,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3408
  • Lot Size5,868 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Excellent Investment opportunity to own 4-plex in Mid-City neighborhood. Very convenient to public transporation, DTLA, the Grove, Beverly Center and a short distance to many restaurants and shopping on Pico/La Brea area. Easy access to the Santa Monica freeway. Minutes from LAX. Please do not disturb the existing tenants or walk the property without an appointment.

Price History
5/30/2023 Listed $1,350,000
8/1/2023 2% - $1,325,000
9/4/2023 4% - $1,275,000
1/4/2024 7% - $1,195,000
2/23/2024 7% - $1,115,000

General Features

Sewer Other
Cooling WallWindowUnits
Roof Composition,Shingle
Appliances Disposal
Zoning LARD1.5
Garage Spaces 4.0
Pool Features None
Security Features CarbonMonoxideDetectors,GatedCommunity,SmokeDetectors,WindowBars
Year Built 1953
Tenant Pays Electricity,Gas
Stories 2
Levels Two
Gross Income 46488.0
Community Features Gated
Accessibility None
County Los Angeles
Net Operating Income 38016.0
Insurance Expense 2468.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
MaintenanceExpense 900.0
Facing Direction East
Garage Y/N Yes
Special Listing Conditions Standard
Status Active
Directions Burnside and Washington Blvd
City Los Angeles
Disclosures TrustConservatorship
View Y/N No
Senior Community Y/N No
Total Units 4
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 5867.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Burnside
Spa Features None
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Water Sewer Expense 2700.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 269
Standard Status Active
Occupancy Description Tenant
Year Built Source Assessor
Taxes 1504.0
MobileHomeRemainsYN No

Interior Features

Flooring Carpet,Laminate
Fireplace Features None
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Laundry Features None
Total Bedrooms 8
Electric On Property Y/N No
Total Baths 4

Exterior Features

Parking Features Assigned
Total Parking 4.0
Lot Size Area 5867.0
Number of Buildings 1
Spa No
Building Area Total 3408.0
Lot Size Acres 0.1347
Lot Size Units SquareFeet
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90016

Price
AVG $1.9M
$1.12M
Visits
AVG 81
257
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1953
Walkscore
AVG 75
76
Data Provided by Walkscore® not using MLS data