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1618 S Burnside Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 3 bed, 2 bath

1618 S Burnside Avenue, Los Angeles, California 90019 home-pic-0
ACTIVE$1,049,000
1618 S Burnside Avenue, Los Angeles, California 90019
3Beds
2Baths
1,628Sqft
6,002Lot
Year Built
1926
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$644
HOA
-
Days on market
-
Sold On
-
MLS number
25515357
Home ConditionPoor
Features
View

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.05M(25th), sqft - 1628(45th), beds - 3(50th), baths - 2(50th).

Perfectly positioned in the heart of Los Angeles, 1618 Burnside Ave offers unparalleled access to the city's most dynamic neighborhoods just minutes from Culver City, Miracle Mile, West Adams, and the vibrant Fairfax District. Set on a quiet, tree-lined street, this property is an exceptional opportunity for those who value both convenience and community. Enjoy proximity to major studios, world-class dining, shopping, museums, and transit, all while tucked into a serene residential enclave. Whether you're an investor or an owner-occupant, this location-driven asset combines lifestyle and long-term upside in one of LA's most sought-after central hubs. GREAT LOCATION!! CAN BE DELIVERED 100% VACANT AT CLOSE OF ESCROW FOR "PRIMARY HOME USER" ONLY. Seller purchased THIS PROPERTY AT $1,000,500.00 back in 2022. FOR PRIMARY END-USER - REMODEL/EXTEND THE HOME TO BE VALUED AT $1,600,000.00 WHEN YOU ARE DONE. Front house is a 2 bed + 1 bath and the THE DETACHED rear house is a 1 bed + 1 bath. Both units are currently tenant-occupied. CAN BE DELIVERED 100% VACANT AT CLOSE OF ESCROW FOR "PRIMARY HOME USER" ONLY. Separately metered for gas & electricity. Please do NOT disturb tenants or walk onto property. Property being sold in its present AS IS condition.

Price History

Date
Event
Price
03/23/25
$1,049,000
07/27/22
Sold
$1,000,500
Condition Rating
Poor
Built in 1926, this property is nearly 100 years old and is explicitly marketed 'AS IS' with a strong suggestion for a 'REMODEL/EXTEND' to increase its value significantly. The kitchen features very old white appliances, dated countertops, and worn cabinets, indicating a complete overhaul is needed. The bathroom is equally outdated with old fixtures, vanity, and tiling. While currently tenant-occupied and livable, the interior shows significant wear and tear, lacks modern amenities (e.g., no visible modern HVAC), and requires substantial rehabilitation to meet contemporary living standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Prime Central Los Angeles Location: Perfectly positioned with unparalleled access to dynamic neighborhoods like Culver City, Miracle Mile, West Adams, and the Fairfax District, offering proximity to major studios, world-class dining, shopping, museums, and transit on a quiet, tree-lined street.
Income/ADU Potential: Comprises a main house (2 bed + 1 bath) and a detached rear house (1 bed + 1 bath), providing significant potential for rental income, multi-generational living, or an Accessory Dwelling Unit (ADU).
Vacant Delivery for Owner-Occupants: The property can be delivered 100% vacant at close of escrow for primary home users, eliminating tenant-related hurdles and allowing for immediate occupancy or renovation.
Significant Value-Add Opportunity: Explicitly highlights potential for substantial value appreciation (estimated up to $1,600,000) through remodeling and extension, appealing to buyers seeking to customize and build equity.
Separately Metered Utilities: Both units are separately metered for gas and electricity, simplifying utility management and enhancing the property's appeal for rental or multi-family living.

Cons

Sold 'As-Is' Condition: The property is being sold in its present 'AS IS' condition, indicating that the buyer will be responsible for any necessary repairs, updates, or significant renovation costs.
Limited Access Due to Tenants: Current tenant occupancy restricts property showings and due diligence ('do NOT disturb tenants or walk onto property'), which can deter potential buyers and complicate the sales process.
Vacancy Restriction for Investors: Vacant delivery is only available for 'primary home users,' meaning investors would inherit existing tenants, limiting immediate renovation or re-tenanting at market rates.

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