Active
2915 S Burnside Ave
Los Angeles CA, 90016
$1,995,000
$485.64 per sqft
Active
9 Beds
8 Baths
4,108 sqft
Residential
Built in 1923
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.
24-389049
MLSⓇ ID
May 7, 2024
Listed
May 15, 2024
Updated
Map
2915 S Burnside Ave
Los Angeles CA, 90016
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
8
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
Mid Los Angeles
Days on Market
8
Garage
No
Parking
None
Parking Total
7
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listed by Sean Rosenzweig with Marcus & Millichap
Listing Contact: 310-513-3144
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nia Mallett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/15/2024