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1612 S Burnside Avenue

Los Angeles (City), CA 90019
  • $950,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: 22156050
UPDATED: 20 min ago
$950,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Listing Agent(s): Gary Tani of Coldwell Banker Spectrum (323-938-5700)


Description

Gateway to Culver City and the Westside: Attention all Builders and Investors - Rare opportunity to acquire a large RD1.5 lot with approximately 8,624 sq ft along with adjacent 6,000 sq ft parcel (1618 S Burnside) totaling over 14,600 land area. Zoned RD1.5 for larger project development. Seller owns both properties and wishes to sell both properties at the same time. Subject is two detached houses on one lot: front house is 2 bed + 1 bath and rear house also 2+1. Both units are tenant occupied and will not be delivered vacant. Large 3-car garage in back. Separately metered for gas & elec. Operating expenses, Cap rate, etc. are estimates only and not verified. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in AS IS condition.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T00:31:21.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128656263
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1612 S Burnside Avenue Los Angeles (City), CA 90019

  • Price: $950,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 20 min ago
  • ID#: 22156050
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1926
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
Gateway to Culver City and the Westside: Attention all Builders and Investors - Rare opportunity to acquire a large RD1.5 lot with approximately 8,624 sq ft along with adjacent 6,000 sq ft parcel (1618 S Burnside) totaling over 14,600 land area. Zoned RD1.5 for larger project development. Seller owns both properties and wishes to sell both properties at the same time. Subject is two detached houses on one lot: front house is 2 bed + 1 bath and rear house also 2+1. Both units are tenant occupied and will not be delivered vacant. Large 3-car garage in back. Separately metered for gas & elec. Operating expenses, Cap rate, etc. are estimates only and not verified. Please do NOT disturb tenants or walk onto property. Units can be viewed after accepted offer. Property being sold in AS IS condition.
Exterior Features

Architectural Style Spanish Carport YN Yes Construction Materials Stucco Parking Features Detached CarportUncovered Parking Total 5 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Cooling None Cooling YN No Fireplace Features KitchenLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Buyer Financing Cash Disclosures Rent Control Gross Income 32880 Land Lease YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 20880 New Construction YN No Possession Close Of Escrow Property Condition Repairs Cosmetic Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-20T00:31:21.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Gary Tani of Coldwell Banker Spectrum (323-938-5700)