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Los Angeles, CA 90019 1366 S Burnside Avenue

$1,999,999

1366 S Burnside Avenue Los Angeles, Ca - Image 11366 S Burnside Avenue Los Angeles, Ca - Image 21366 S Burnside Avenue Los Angeles, Ca - Image 3
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1366 S Burnside Avenue Los Angeles, Ca - Image 41366 S Burnside Avenue Los Angeles, Ca - Image 51366 S Burnside Avenue Los Angeles, Ca - Image 61366 S Burnside Avenue Los Angeles, Ca - Image 71366 S Burnside Avenue Los Angeles, Ca - Image 8
Presented By: Cornell Jones with Berkshire Hathaway HomeServices California Properties;
  • MLS# SR24057941
  • 03/22/2024
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  • BedBeds • 16
  • BathBaths • 9
  • FootageSQFT • 8,400

Home Details

1366 South Burnside Avenue is a two story 16 unit apartment building with a central hallway located in the Wilshire Vista area just north of Pico Boulevard. Each 1 bathroom studio unit is individually metered with gas and electricity. Rents are current and the building is 100% occupied. The surrounding area is comprised of small apartment buildings and single family homes. Located just a few blocks away are restaurants, shops, and grocery stores.
Presented By: Cornell Jones with Berkshire Hathaway HomeServices California Properties;

Interior Features for 1366 S Burnside Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesBath, Kitchen
Fireplace Y/NYes
FlooringLaminate
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1366 S Burnside Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks, Urban
Construction MaterialsStucco
ContingencyNone
CoolingNone
CountyLos Angeles
Days on Market50
DirectionsUS-101 Los Angeles, CA 90068 ? Take Cahuenga Blvd and Highland Ave to Cochran Ave 21 min (6.5 mi) Head north ? 0.2 mi Merge onto US-101 N ? 0.6 mi Take exit 11A-Exit 11A for Barham Blvd ? 0.1 mi
DisclosuresPrincipalisRealEstateLicensed, RentControl
ElectricStandard
Electric Expense15759.0
Entry LocationGround Level
Expected Active Date 2024-03-25
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense8000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet6099.0
MLS AreaC19 - Beverly Center-Miracle Mile
MaintenanceExpense5210.0
MobileHomeRemainsYNNo
Net Operating Income112403.0
New ConstructionNo
Number of Units Leased16
Open Parking Spaces0.0
Operating Expense47053.0
Pool FeaturesNone
PossessionClosePlus3Days
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofAsphalt
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Street NameBurnside
Tax Annual Amount12503.0
Tax Lot199
Tenant PaysElectricity, Gas
Total Actual Rent13288.0
Total Units16
Trash Expense5430.0
View Y/NNo
Water Sewer Expense3466.0
Waterfront Y/NNo
Year Built1928
Year Built SourceAssessor
ZoningLAR3

Exterior for 1366 S Burnside Avenue

Building Area Total8400.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem1620UnitsAcre
Lot Size Acres0.14
Lot Size Area6099.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesOnStreet
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,999,999
MLS#SR24057941
List Date 03/22/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors