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DUPLEX CONVERSTION TO SFR PROJECT 1618 S Burnside Ave 2 Unit Apartment Building $999,000 ($499,500/Unit) Los Angeles, CA 90019
Investment Highlights
- Located in a central Los Angeles neighborhood with quick access to Culver City, Miracle Mile, West Adams, and the Fairfax District.
- Features two separate units: a front house with 2 bedrooms and 1 bath, and a detached rear house with 1 bedroom and 1 bath.
- Convenient proximity to major transit routes and public transportation options for easy citywide connectivity.
- Situated on a quiet, tree-lined street while remaining close to major studios, dining, shopping, and cultural attractions.
- Each unit is separately metered for gas and electricity, providing operational flexibility for future use.
- Includes a 6,002-square-foot lot with parking for three vehicles, offering additional functionality and value.
Executive Summary
Directions : South of Venice Blvd and East of Hauser Blvd
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. MOTIVATED SELLER. TEXT MAX LEE FOR MORE INFO 213-434-2433
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. MOTIVATED SELLER. TEXT MAX LEE FOR MORE INFO 213-434-2433
Property Facts
| Price | $999,000 | Lot Size | 0.14 AC |
| Price Per Unit | $499,500 | Building Size | 1,628 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Parking Ratio | 1.84/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price | $999,000 |
| Price Per Unit | $499,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,628 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1926 |
| Parking Ratio | 1.84/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5064-002-016 | Improvements Assessment | $312,640 |
| Land Assessment | $728,280 | Total Assessment | $1,040,920 |
Property Taxes
Parcel Number
5064-002-016
Land Assessment
$728,280
Improvements Assessment
$312,640
Total Assessment
$1,040,920
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DUPLEX CONVERSTION TO SFR PROJECT | 1618 S Burnside Ave
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