1331 South Burnside Avenue

Los Angeles, CA 90019

$3,875,000
Price
15,518 / 0.36
Lot Size / Acres

Virtual Tour

Virtual Tour

a view of a city
a view of a car park in front of house
an aerial view of a house with a yard basket ball court and outdoor seating
an aerial view of a city with lots of residential buildings
an aerial view of a house with a yard garage and lake view
an aerial view of houses with yard
a aerial view of a city

Description

1327-1331 S Burnside Ave is a rare double-lot infill site in the heart of Mid-City offers an exceptional development opportunity in one of Los Angeles' most sought-after areas. Currently vacant, the property eliminates the need for tenant relocation, providing a clean slate for investors and developers to execute their vision. With approximately 94 feet of frontage on S Burnside Avenue and proximity to West Pico and San Vicente Boulevards, the site enjoys outstanding visibility and accessibility,...1327-1331 S Burnside Ave is a rare double-lot infill site in the heart of Mid-City offers an exceptional development opportunity in one of Los Angeles' most sought-after areas. Currently vacant, the property eliminates the need for tenant relocation, providing a clean slate for investors and developers to execute their vision. With approximately 94 feet of frontage on S Burnside Avenue and proximity to West Pico and San Vicente Boulevards, the site enjoys outstanding visibility and accessibility, making it highly desirable for future tenants. The property is located in the affluent Mid-City submarket, known for its strong market fundamentals, rising rents, and high-end demographics. Its lack of existing entitlements allows developers the flexibility to explore a wide range of strategies to maximize the property's potential. Nearby transformative projects like Mid-Town Crossing highlight the area's rapid evolution, further boosting its investment appeal. Surrounded by a vibrant mix of major retailers, entertainment options, and diverse amenities, the property is perfectly positioned to attract strong tenant interest. Its central location near key employment centers and convenient transportation hubs enhances its desirability for urban living and commercial activity. With Mid-City's thriving rental market and ongoing growth, this property offers promising returns for investors looking to capitalize on the area's sustained demand and dynamic neighborhood environment.
  1. Listed by Iman Mossanen • DRE #01978006 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 1331 South Burnside Avenue

Water Front
None
Zoning
LAR3
Cross Streets
S BURNSIDE AVE & W PICO BLVD
Parcel Number
5085034021
Area
Beverly Center-Miracle Mile (C19)
Lot Size Area
15518
Source Lot Size Area
Other
Assessor Parcel Number
5085-034-021
LISTING UPDATED: 01/22/2025 12:01 AM

Property Details for 1331 South Burnside Avenue

StatusActive
MLS #25-482633
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.36 AC
CountyLos Angeles County

Virtual Tour

Building Information for 1331 South Burnside Avenue

Lot Size0.36 AC

Property Information for 1331 South Burnside Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City
  • View: City Lights
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Rent Control, As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Special Zoning: Rent Control
  • Additional Parcel Number: Yes
  • Lot Acreage: 0.35
  • Lot Size Square Feet: 15518
  • Lot Size Dimensions: 94 x 165
  • Source Lot Size Dimensions: Other
  • Lot Description: 2-4 Lots
  • Lot Location: City
  • Telephone: 1.0
  • Cable: 1.0
  • Road Frontage: 94
  • Public Street: Yes
Parking Details
Parking Details
  • Total Parking: 0
Interior Features
Interior Features
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 01-14-2025

Property History for 1331 South Burnside Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1331 South Burnside Avenue

Taxable ValueLand$810,656Additions-Total$810,656
Tax Record2024$9,809 ($817 / month)
Home Facts
Beds3Lot Size7,600 SqFtStyleResidentialYear Built1926ZoningLAR3CountyLOS ANGELESAPN5085-034-021

Schools near 1331 South Burnside Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Saturn Street Elementary School
Public - K to 5
Emerson Community Charter School
Charter - 6 to 8
Fairfax Senior High School
Public - 9 to 12
Ernest P. Willenberg Special Education Center
Public - 12
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Ernest P. Willenberg Special Education Center
Public12

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Beverly Center-Miracle Mile

Neighborhoods

Cities

ZIPs

More information about 1331 South Burnside Avenue, Los Angeles, CA 90019

1331 South Burnside Avenue is a 0.36 ac of land for sale in Los Angeles, CA 90019. This property was listed for sale on January 14, 2025 by Marcus & Millichap, it's currently listed at $3,875,000. It has been on the market for a total of 52 days and was last sold on August 20, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Saturn Street Elementary School, Emerson Community Charter School and Fairfax Senior High School. 1331 South Burnside Avenue is a 0-bed, 0-bath, 0.36 ac of land on a 15,518 sq. ft. / 0.36 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Iman Mossanen, DRE #01978006

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.