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$1,150,000
5 bed
2 bath
0 Sqft
5,791 Sqft lot

2305 S Burnside Avenue, Los Angeles, California 90016

  • Residential Income Property Type
  • 18 Days Time on market
  • 1924 Year Built
Property Description

Three-unit Property with Future Development Potential with RD.1 Zoning. Located in the desirable neighborhood of Mid-Wilshire near Culver City, Beverly Hills, and Downtown Los Angeles, this property boasts a great mix of units, including two-bedroom and three-bedroom layouts. Each is occupied by stable tenants, ensuring consistent rental income for the new owner. The property is designed for easy management, making it an ideal investment for those seeking a hassle-free income stream with low operating expenses. With a solid 5.5% CAP rate and 13 GRM, this property promises a strong return on investment. Tech companies are moving to this area, which is evidence of the long-term investment strategy and investor confidence in the growth of this part of Los Angeles.

Basic Details
Residential Income
Buy
SR24117674
$1,150,000
5
2
0 Sqft
1924
5,791 Sqft
Active
Triplex
Multi-family
Features
: Urban
4
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90016
2305 S Burnside Avenue
2305
Avenue
0
E0° 0' 0''
N0° 0' 0''
S
Additional Information
18
1
1
4
1,973 Sqft
1
0 Sqft
0 Sqft
0.13 Sqft
5,791 Sqft
1
: 1 Common Wall
0 Sqft
LARD1.5
5063019036
$0
$0
$0
$2,400
$0
$0
0 Sqft
1
0 Sqft
$0
1
10/06/2024 19:50:34
$0
: Standard
Conventional
North of 10 freeway, East of Fairfax
Keller Williams Realty-Studio City
Behrouz Lavi
F3510001
SR207065189
$0
5.5
3
1
: Item25unitsacre
1
1
: Square Feet
1
2
3
3
1
3
37
88488
US-06037-N-5063019036-R-N
Triplex
11/06/2024 03:08:41
Burnside
C16 - Mid Los Angeles
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