2915 S Burnside Ave | Los Angeles, CA 90016
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2915 S Burnside Ave
Los Angeles, CA 90016
A 7-Unit Apartment Community in West Adams · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- West Adams is a Rapidly Growing Infill Urban Neighborhood Proximate to Culver City That has a Host of New Restaurants, Coffee Shops, Galleries & Bars
- Located Less than 1 Mile from Cumulus, a 30 Story Tower with 100,000 SF of Retail, 1,210 Units, and a 1 Acre Park which is Anchored by Whole Foods
- Record-High Lease Rates & Pricing in Culver City Means Many Companies Can no Longer Find Affordable Space — Making West Adams the Next Best Option
- Current Ownership Has Recently Renovated 71% of Units with New Kitchens, New Bathrooms, Flooring, Appliances and More.
- Developers like CIM Group, 4D Development, Carmel Partners & Redcar Properties All Have Completed Projects or Sites Under Way in this Neighborhood
- There is 29 Percent Remaining Rental Upside Through Interior Renovations and Proven Rental Rates – Not Including Potential ADU Income
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 4,108 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 1.7/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,108 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5043-022-005 | Improvements Assessment | $424,483 |
| Land Assessment | $1,114,268 | Total Assessment | $1,538,751 |
PROPERTY TAXES
Parcel Number
5043-022-005
Land Assessment
$1,114,268
Improvements Assessment
$424,483
Total Assessment
$1,538,751
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
