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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
25607799
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
10/17/25
Listing
$1,049,000
07/27/22
Sold
$1,000,500
Condition Rating
Poor
Built in 1926 and sold 'AS IS,' this property requires substantial rehabilitation. The kitchen features outdated white appliances, old cabinets, and laminate countertops, while the bathroom has very dated white subway tiles, small hexagonal floor tiles, and an old vanity, both needing complete renovation. The description explicitly suggests a major 'remodel/extend' to achieve higher value, indicating significant investment is needed beyond minor updates. While tenant-occupied, the visible condition and age point to major systems likely being at or past their lifespan, requiring extensive modernization.
Pros & Cons

Pros

Prime Central Location: Strategically positioned in the heart of Los Angeles, offering unparalleled access to dynamic neighborhoods like Culver City, Miracle Mile, West Adams, and Fairfax District, enhancing lifestyle and long-term value.
Multi-Unit Income Potential: Features two separate units (2 bed/1 bath front, 1 bed/1 bath detached rear) with separate gas and electricity meters, providing excellent potential for rental income or multi-generational living.
Significant Value-Add Opportunity: The property presents a substantial opportunity for a primary end-user to remodel and extend, with an estimated post-renovation value of $1,600,000, indicating strong equity growth potential.
Owner-Occupant Vacancy Option: Crucially, the property can be delivered 100% vacant at the close of escrow for a primary home user, offering flexibility and immediate occupancy without tenant-related complications.
Listed Below Estimated Value: The current listing price is below the estimated market value, suggesting potential for immediate equity gain for the discerning buyer.

Cons

As-Is Sale Condition: The property is being sold in its present 'AS IS' condition, meaning the buyer assumes responsibility for any necessary repairs, upgrades, or unforeseen issues, potentially requiring significant additional investment.
Tenant Occupancy & Restricted Access: Both units are currently tenant-occupied, which restricts property access for showings and inspections, and for investors, immediate vacancy is not guaranteed.
Age of Property: Built in 1926, the property is an older construction, which may entail higher maintenance costs, outdated systems, and the need for extensive modernization to meet contemporary standards and preferences.

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