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$950000   Price Analysis
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2049 S Burnside Ave
Los Angeles, CA 90016
5 bed 3 bath 2448 SqFt ($388/SqFt)
5775SqFt lot. Built 1923
Listed 2022-06-06, Taxes $4295
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to 2049 S Burnside Ave

Situated in Mid-City and it features 3 Units that can produce you a substantial amount of rental income due to its location. The two front units are each 2 bedroom 1 Bath and the unit in the rear is a 1 Bedroom 1 Bath. Zoned Lard 1.5 making it developer friendly as well! It has a big driveway which is able to fit all tenants cars , it also has space to make a few car ports in the center of the property and most importantly its less than a 10-20 min drive to DTLA, The Grove and The Beverly Center. This is a perfect investment opportunity or dvelopment opportunity. TWO UNITS ARE CURRENTLY VACANT THOSE HAVE BEEN RECENTLY REMODELED. SELLER WILL BE GIVING CONTEMPORARY OWNER PERMITS FOR ADU. PERMITS ARE NOT FULLY COMPLETED PRISTINE BUYER WILL NEED TO FINALIZE THEM. SELLER IS MOTIVATED TO GET THIS PROPERTY SOLD!

BACK ON MARKET NO FAULT TO SELLER OR PROPERTY. BUYER DECIDED TO SWITCH JOBS 1 WEEK BEOFRE CLOSING! 7/17/24


Presented by Jeremy Sifuentes at
CENTURY 21 A Better Service Realty.


Property MLS #DW22120822 from CRMLS

Bedrooms: 5

Laundry Features: In Garage

Full Bathrooms: 3

Heating Features: Wall Furnace
Heating: Yes

Flooring: Wood

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1325758
Lot Size Source: Assessor
Lot Size Square Feet: 5775

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Rent Control: Yes

Community Features: Biking, Sidewalks, Storm Drains, Street Lights, Suburban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5063018018
Postal Code Plus 4: 1231
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$137217 + $192039
$329256
$4295
2021$134527 + $188274
$322801
$4230
2020$133148 + $186344
$319492
$4267
2019$130538 + $182691
$313229
$4112
2018$127979 + $179109
$307088
$3986
2017$125470 + $175598
$301068
$3906
2016$123010 + $172155
$295165
$3795
2015$121163 + $169570
$290733
$3743
2014$118790 + $166249
$285039
$3776
2013$118254 + $165498
$283752
$3770
2012$115936 + $162253
$278189
$3820
2010$113663 + $159072
$272735
$3756
2009$113083 + $158260
$271343
$3613
2009$112814 + $157884
$270698
$3613
2008$110866 + $155157
$266023
$3467
2007$108693 + $152115
$260808
$3349

Price Changed 2024-02-21
$950000
CRMLS
Price Changed 2024-01-24
$1025000
CRMLS
Listed 2022-06-06
$1080000
CRMLS
Sold 1999-05-05
$100000
Public Record

Net Operating Income: 26148.00

Total Square Feet Living: 2448
Year Built: 1923
Building Features: 2
Common Walls: 2+ Common Walls
Property Age: 101
Property Attached: Yes
Levels or Stories: Two
House Style: Spanish
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Marvin Elementary School is a public elementary school located approximately 0.4 miles away.
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Susan Miller Dorsey Senior High School is a public high school located approximately 1.3 miles away.
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Daniel Webster Middle School is a public middle school located approximately 4.4 miles away.
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City Kids La is a private elementary school located approximately 0.4 miles away.
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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.