2915 South Burnside Avenue
2915 South Burnside Avenue
$1,995,000
9
8
4,108
4,108
$486
Description
We are pleased to offer for sale a seven-unit apartment building located at 2915 South Burnside Avenue. The subject property is located just north of Jefferson Boulevard within the desirable West Adams sub-market. Located in the West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, WarnerMedia and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies...We are pleased to offer for sale a seven-unit apartment building located at 2915 South Burnside Avenue. The subject property is located just north of Jefferson Boulevard within the desirable West Adams sub-market. Located in the West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, WarnerMedia and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. Burnside is less than 1 mile away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. Situated on a 9,288 square foot parcel, the property is comprised of five one-bedroom units, one two-bedroom apartment unit and one two-bedroom house. New ownership can potentially add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2915 South Burnside an attractive investment opportunity.
Property Details for 2915 South Burnside Avenue
Zoning
LARD1.5
Parcel Number5043022005
Total Units7.0
Living Area4108
Source Living AreaAssessor
AreaMid Los Angeles (C16)
Vacancy Rate0
Lot Size Area9288
Location
LISTING UPDATED: 05/15/2024 12:01 AM
Property Details for 2915 South Burnside Avenue
Status | Active |
---|---|
MLS # | 24-389049 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.21 AC / 9,288 SF |
County | Los Angeles County |
Location
Building Information for 2915 South Burnside Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.21 AC / 9,288 SF
Payment Calculator
$12,456 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2915 South Burnside Avenue
Property History for 2915 South Burnside Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2915 South Burnside Avenue
Taxable ValueLand$1,071,000Additions$408,000Total$1,479,000
Tax Record2023$18,821 ($1,568 / month)
Home Facts
Total Finished SqFt4,108 SqFtAbove Grade Finished SqFt4,108 SqFtLot Size9,286 SqFtStyleMulti-Family Res (5+ Units)ZoningLARD1.5CountyLOS ANGELESAPN5043-022-005
Schools near 2915 South Burnside Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Marvin Elementary School PublicK to 5 | ||
Daniel Webster Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
New Los Angeles Elementary School CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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