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Sold for $959,500
  • Listed by: Century 21 A Better Service • Jeremy Sifuentes • Contact: 562-760-8162
    Bought with: Distinct Concierge Real Estate
    Tax assessed value
    $959,500

    2049 S Burnside Ave, Los Angeles, CA 90016

    5beds
    3baths
    2,448sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $1,037,700 Zestimate®
    $392/sqft
    $3,497 Estimated rent

    Home value

    $1,037,700

    $924,000 - $1.16M

    $3,497/mo

    Zestimate® history
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    What's special

    Spacious driveway
    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 spacious 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 it’s less than a 10-20 min drive to DTLA, The Grove, and The Beverly Center. This is a perfect investment opportunity or development opportunity! TWO UNITS ARE CURRENTLY VACANT THOSE HAVE BEEN RECENTLY REMODELED. SELLER WILL BE GIVING NEW OWNER PERMITS FOR ADU. PERMITS ARE NOT FULLY COMPLETED NEW 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Sifuentes DRE #02083396 562-760-8162,

    Century 21 A Better Service

    Bought with:

    Liane Gourdet, DRE #02089394

    Distinct Concierge Real Estate

    Source: CRMLS,MLS#: DW22120822MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Appliances
    • Laundry: In Garage
    Features
    • Flooring: Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,448
    • Total interior livable area: 2,448 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 5,775 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5063018018
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $959,500
    • Annual tax amount: $11,861
    • Date on market: 6/6/2022
    • Cumulative days on market: 741 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    12/11/2024Sold$959,500+1%$392/sqft
    Source: CRMLS #DW22120822 Report a problem
    11/20/2024Pending sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    10/17/2024Listed for sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    10/2/2024Pending sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    7/17/2024Listed for sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    5/7/2024Pending sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    4/22/2024Listed for sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    3/21/2024Pending sale$950,000$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    2/21/2024Price change$950,000-7.3%$388/sqft
    Source: CRMLS #DW22120822 Report a problem
    1/24/2024Price change$1,025,000-5.1%$419/sqft
    Source: CRMLS #DW22120822 Report a problem
    11/5/2023Listed for sale$1,080,000$441/sqft
    Source: CRMLS #DW22120822 Report a problem
    10/3/2023Pending sale$1,080,000$441/sqft
    Source: CRMLS #DW22120822 Report a problem
    6/6/2022Listed for sale$1,080,000+980%$441/sqft
    Source: CRMLS #DW22120822 Report a problem
    5/5/1999Sold$100,000$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,861 +159.8%$959,500 +180.1%
    2024$4,566 +1.7%$342,556 +2%
    2023$4,488 +4.5%$335,840 +2%
    2022$4,296 +1.5%$329,256 +2%
    2021$4,230 -0.9%$322,801 +1%
    2020$4,268 $319,492 +2%
    2019$4,268 +7%$313,229 +2%
    2018$3,987 $307,088 +2%
    2017$3,987 +2.1%$301,068 +2%
    2016$3,906 +2.9%$295,165 +1.5%
    2015$3,795 +0.5%$290,733 +2%
    2014$3,776 $285,039 +5.3%
    2010-- $270,698 -0.2%
    2009-- $271,343 +2%
    2008-- $266,023 +4%
    2006-- $255,695
    2005-- $255,695 +4%
    2004-- $245,768 +1.9%
    2003-- $241,264 +2%
    2002-- $236,534 +4%
    2000-- $227,350
    Find assessor info on the county website

    Neighborhood: Mid City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,037,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,037,700