$1,000,500
$875,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
1618 S BURNSIDE AVE Los Angeles, CA 90019
5,998 Sqft Lot
Key Details
Sold Price $1,000,500
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22156115
Sold Date 07/27/22
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1926
Lot Size 5,998 Sqft
Lot Dimensions Assessor
Property Description
Attention ALL builders and investors - Rare Opportunity to acquire two adjacent RD1.5 lots (along with 1612 S Burnside) totaling over 14,600 sq ft land area. Zoned RD1.5 for future larger development. Seller owns both properties and wishes to sell both properties at the same time in order to effectuate their 1031 Tax Deferred Exchange. Subject property is 2 houses on one lot. Front house is a 3 bed + 2 bath and the rear house is a 2 bed + 1 bath. Both units are tenant occupied and will not be delivered vacant. Separately metered for gas & electricity. 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 its present AS IS condition.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Pool None
View Y/N No
View None
Total Parking Spaces 3
Private Pool No
Building
Lot Description Value In Land
Faces West
Story 1
Entry Level One
Sewer Other
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5064002016
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Lease Land No
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Bought with Max Lee eXp Realty of California Inc