1618 S Burnside Ave - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$999,000 USD
213-434-2433
1618 S Burnside Ave, Los Angeles, CA for Sale
$999,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1618 S Burnside Ave
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Located in a central Los Angeles neighborhood with quick access to Culver City, Miracle Mile, West Adams, and the Fairfax District.
  • Situated on a quiet, tree-lined street while remaining close to major studios, dining, shopping, and cultural attractions.
  • Features two separate units: a front house with 2 bedrooms and 1 bath, and a detached rear house with 1 bedroom and 1 bath.
  • Each unit is separately metered for gas and electricity, providing operational flexibility for future use.
  • Convenient proximity to major transit routes and public transportation options for easy citywide connectivity.
  • Includes a 6,002-square-foot lot with parking for three vehicles, offering additional functionality and value.

OVERVIEW

Directions : South of Venice Blvd and East of Hauser Blvd Perfectly positioned in the heart of Los Angeles, 1618 Burnside Ave offers unparalleled access to the city’s most dynamic neighborhoods — just minutes from Culver City, Miracle Mile, West Adams, and the vibrant Fairfax District. Set on a quiet, tree-lined street, this property is an exceptional opportunity for those who value both convenience and community. Enjoy proximity to major studios, world-class dining, shopping, museums, and transit, all while tucked into a serene residential enclave. Whether you're an investor or an owner-occupant, this location-driven asset combines lifestyle and long-term upside in one of LA’s most sought-after central hubs. GREAT LOCATION!! CAN BE DELIVERED 100% VACANT AT CLOSE OF ESCROW FOR "PRIMARY HOME USER" ONLY. Seller purchased THIS PROPERTY AT $1,000,500.00 back in 2022. FOR PRIMARY END-USER - REMODEL/EXTEND THE HOME TO BE VALUED AT $1,600,000.00 WHEN YOU ARE DONE. Front house is a 2 bed + 1 bath and the THE DETACHED rear house is a 1 bed + 1 bath. Both units are currently tenant-occupied. CAN BE DELIVERED 100% VACANT AT CLOSE OF ESCROW FOR "PRIMARY HOME USER" ONLY. Separately metered for gas & electricity. Please do NOT disturb tenants or walk onto property. Property being sold in its present AS IS condition. MOTIVATED SELLER. TEXT MAX LEE FOR MORE INFO 213-434-2433

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$614 USD /SF

# OF UNITS

2

PRICE/UNIT

$499,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DUPLEX CONVERSTION TO SFR PROJECT

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,002 SF

ZONING

LARD1.5

APN/PARCEL ID

5064-002-016

ASK ABOUT THIS PROPERTY

Max LeeThe Right Realty GroupMore Info
213-434-2433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Max LeeThe Right Realty GroupMore Info
213-434-2433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.