$1,495,499 Price Analysis   ♡   Los Angeles, CA 90019 8 bed 4 bath 3,744 SqFt ($399/SqFt) 6,155SqFt lot. Built 1937 Listed 2024-05-16, Taxes $1,565 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Outstanding Investment Opportunity in Prime Mid-City Location or a Developers dream!
* No Longer For Sale *
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Ths is a fantastic four-unit complex in the middle of Mid-City on a Huge Corner Lot. Addresses include 1460-62 Burnside Ave and 5315-17 Saturn Street. Separate garages makes this space ADU desirable. Each unit is a townhouse style amongst 2 buildings with hardwood floors and great interior arch itectural curves.
This property is strategically positioned with easy access to major freeways and the metro line. Don't miss out on this distinctive investment opportunity in the heart of Los Angeles. Contact us today for more information and to schedule a viewing.
Presented by Fred Smith II at
YBi Realty.
Property MLS #24-392885 from TheMLSCLAW
Bedrooms: 8
Bedroom 1 Features: All Bedrooms Up
Bedroom 1 Features: All Bedrooms Up
Total Bathrooms: 4
Full Bathrooms: 4
Bathroom 1 Features: Shower and Tub, Tile
Full Bathrooms: 4
Bathroom 1 Features: Shower and Tub, Tile
220V Throughout
Flooring: Hardwood, Carpet, Laminate
Window Features: Drapes/Curtains, Mini Blinds
Flooring: Hardwood, Carpet, Laminate
Window Features: Drapes/Curtains, Mini Blinds
Breakfast, Breakfast Area, Dining Room, Patio Open
Ceramic Counters
Counter Top
Tile Counters
Dining Room Description: 1
Kitchen Features: Ceramic Counters, Counter Top, Tile Counters
Counter Top
Tile Counters
Dining Room Description: 1
Kitchen Features: Ceramic Counters, Counter Top, Tile Counters
Heating Features: Floor
Water Features: Water District
Carport Spaces: 1
Garage Spaces: 3
Garage Description: Garage - 1 Car, Garage - 2 Car, Garage - 3 Car, Garage Is Detached, Gated, Uncovered
Parking Total: 4
Garage Spaces: 3
Garage Description: Garage - 1 Car, Garage - 2 Car, Garage - 3 Car, Garage Is Detached, Gated, Uncovered
Parking Total: 4
Patio And Porch Features: Patio Open
Patio Features: Patio Open
Patio Features: Patio Open
Lot Description: Corners Established, Fenced Yard, Lot Shape-Rectangular
Lot Size Acres: 0.1412994
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6155
Lot Size Acres: 0.1412994
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6155
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3100, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3100, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3100, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 3100
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3100, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3100, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3100, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 3100
Gross Income: 87564
Tenant Pays: Cable TV, Electric, Gas
Vacancy Allowance: 5000
Tenant Pays: Cable TV, Electric, Gas
Vacancy Allowance: 5000
School District: Los Angeles Unified
Saturn Street Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions
Map directionsFairfax Senior High School is a public high school located approximately 2.5 miles away.
Map directions
Map directionsEmerson Community Charter School is a public middle school located approximately 4.7 miles away.
Map directions
Map directionsHoly Spirit Elementary School is a private elementary school located approximately 0.1 miles away.
Map directions
Map directionsTwo On A Lot
Source Listing Status: Sold
County: Los Angeles
Cross Street: Pico Blvd and Hauser Blvd
Cap Rate: 3.7
Directions: From downtown Santa Monica head east on Interstate 10. Get off at fairfax Ave. Turn left at Fairfax Ave. and go to Venice Blvd. and make a right to Hauser Blvd. Then make a left on Hauser blvd until Saturn Street make a right. Go to Burnside Ave. The corner of Burnside and Saturn
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Number of Separate Gas Meters: 4
Owner Pays: Water
Parcel Number: 5069-033-001
Postal Code Plus 4: 4014
Property Location: Corner Lot
Zoning: LARD2
Source System Name: C2C
Source Listing Status: Sold
County: Los Angeles
Cross Street: Pico Blvd and Hauser Blvd
Cap Rate: 3.7
Directions: From downtown Santa Monica head east on Interstate 10. Get off at fairfax Ave. Turn left at Fairfax Ave. and go to Venice Blvd. and make a right to Hauser Blvd. Then make a left on Hauser blvd until Saturn Street make a right. Go to Burnside Ave. The corner of Burnside and Saturn
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Number of Separate Gas Meters: 4
Owner Pays: Water
Parcel Number: 5069-033-001
Postal Code Plus 4: 4014
Property Location: Corner Lot
Zoning: LARD2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $48,026 + $35,092 $83,118 | $1,565 |
| 2021 | $47,085 + $34,404 $81,489 | $1,522 |
| 2020 | $46,603 + $34,052 $80,655 | $1,528 |
| 2019 | $45,690 + $33,385 $79,075 | $1,489 |
| 2018 | $44,795 + $32,731 $77,526 | $1,376 |
| 2017 | $43,917 + $32,090 $76,007 | $1,356 |
| 2016 | $43,056 + $31,461 $74,517 | $1,281 |
| 2015 | $42,410 + $30,989 $73,399 | $1,268 |
| 2014 | $41,580 + $30,382 $71,962 | $1,302 |
| 2013 | $41,393 + $30,245 $71,638 | $1,296 |
| 2012 | $40,582 + $29,652 $70,234 | $1,312 |
| 2010 | $39,787 + $29,071 $68,858 | $1,317 |
| 2009 | $39,584 + $28,923 $68,507 | $1,269 |
| 2009 | $39,490 + $28,854 $68,344 | $1,269 |
| 2008 | $38,808 + $28,356 $67,164 | $1,233 |
| 2007 | $38,048 + $27,800 $65,848 | $1,182 |
Sold 2024-08-14
$1,135,000
TheMLSCLAW
Listed 2024-05-16
$1,495,499
TheMLSCLAW
$1,135,000
TheMLSCLAW
Listed 2024-05-16
$1,495,499
TheMLSCLAW
Business Type: residentail
Net Operating Income: 55293
Net Operating Income: 55293
Total Square Feet Living: 3744
Year Built: 1937
Building Exterior Type: Stucco, Wood
Common Walls: Detached/No Common Walls
Direction Faces: West, South
Entry Location: Ground Level w/steps
Levels: Two Level
Living Area Source: Title Company
Property Age: 87
Property Condition: Fixer, Tear Down
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
House Style: A-Frame
Architectural Style: A-Frame
Year Built: 1937
Building Exterior Type: Stucco, Wood
Common Walls: Detached/No Common Walls
Direction Faces: West, South
Entry Location: Ground Level w/steps
Levels: Two Level
Living Area Source: Title Company
Property Age: 87
Property Condition: Fixer, Tear Down
Roof: Composition
Levels or Stories: 2
Building Total Stories: 2
House Style: A-Frame
Architectural Style: A-Frame
Chairlift
Doors - Swing In
Grab Bars In Bathroom(s)
Doors - Swing In
Grab Bars In Bathroom(s)
Sewer: In Street
Security Features: Carbon Monoxide Detector(s), Gated
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.