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    631 S Burnside Ave

    Los Angeles, CA 90036
    • $3,150,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 21-713406
    UPDATED: 74 min ago
    $3,150,000
    • 8
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,101
      SQFT
    • $516
      $/SQFT
    Type:
    Multi-Family
    Built:
    1938
    County:

    School Ratings & Info

    Description

    Beautiful rare 6 unit building in prime Miracle Mile Area.Excellent unit mix with large spacious units consisting of (2) 2 BR + 1 Bath and (4) 1 BR + 1 bath.Below market rents creating a value added opportunity.All units have washer/dryer hookups and separate entrance and rear door exit with its own individual address. 6 parking garages with a potential to add ADU units.Large lot of 7,786 zoned (Q)R4 in zone 3 of the TOC.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-05T23:42:23.267. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/115686184
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    631 S Burnside Ave Los Angeles, CA 90036

    • Price: $3,150,000
    • Status: Active
    • Updated: 74 min ago
    • MLS #: 21-713406
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,101
    SQFT
    $516
    $/SQFT
    1938
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Beautiful rare 6 unit building in prime Miracle Mile Area.Excellent unit mix with large spacious units consisting of (2) 2 BR + 1 Bath and (4) 1 BR + 1 bath.Below market rents creating a value added opportunity.All units have washer/dryer hookups and separate entrance and rear door exit with its own individual address. 6 parking garages with a potential to add ADU units.Large lot of 7,786 zoned (Q)R4 in zone 3 of the TOC.
    Exterior Features

    Lot Size Area 7786 Other Structures None Parking Garage Garage Total Parking 6

    Interior Features

    Baths Total 6.00 Cooling Other Equipment DishwasherDryerWasher Heating Other

    Property Features

    Assessed Total Value 948617 Gross Income 160020 Gross Operating Income 160020 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 94844.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 60375 Type Of Units Apartments Year Built Source Other Zoning Lar4

    Listing provided courtesy of Errol Spiro DRE#01187022 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-05-05T23:42:23.267. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Mark Wise | Bennion Deville Homes
    71691 Highway 111
    Rancho Mirage CA, 92270