RealKey
‪(213) 433-7766‬

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

Price Vs. Estimate

The estimated value ($1,049,000) is $0 (0%) lower than the list price ($1,049,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Central Location: Perfectly positioned in the heart of Los Angeles, offering unparalleled access to dynamic neighborhoods like Culver City, Miracle Mile, West Adams, and Fairfax District, on a quiet, tree-lined street.
Top Cons:
As-Is Condition: The property is being sold in its present 'as-is' condition, which implies potential for significant repair, renovation, or upgrade costs.

Compared to the nearby listings

Price:$1.05M vs avg $1.38M ($-333,500)24%
Size:1,628 sqft vs avg 1,761.5 sqft44%
Price/sqft:$644 vs avg $79721%

More Insights

Built in 1926 (99 years old).
Condition: Built in 1926, this property is explicitly marketed 'AS IS' with a recommendation for a full remodel to increase its value. The interior, particularly the kitchen and bathrooms, are significantly outdated with older appliances, basic cabinetry, and dated tile work and fixtures. While functional, the property shows clear signs of age and has not undergone a major renovation in many years, requiring substantial cosmetic updates and likely system upgrades to meet modern standards.
Year Built
1926
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$644
HOA
-
Days on market
-
Sold On
-
MLS number
25585169
Home ConditionFair
Features
Patio
View

About this home

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
07/27/22
Sold
$1,000,500
Condition Rating
Fair
Built in 1926, this property is explicitly marketed 'AS IS' with a recommendation for a full remodel to increase its value. The interior, particularly the kitchen and bathrooms, are significantly outdated with older appliances, basic cabinetry, and dated tile work and fixtures. While functional, the property shows clear signs of age and has not undergone a major renovation in many years, requiring substantial cosmetic updates and likely system upgrades to meet modern standards.
Pros & Cons

Pros

Prime Central Location: Perfectly positioned in the heart of Los Angeles, offering unparalleled access to dynamic neighborhoods like Culver City, Miracle Mile, West Adams, and Fairfax District, on a quiet, tree-lined street.
Multi-Unit Configuration: Comprises a 2-bed/1-bath front house and a detached 1-bed/1-bath rear house, providing excellent income potential or flexible living arrangements.
Significant Value-Add Potential: Explicitly noted potential for a primary end-user to remodel/extend the home to be valued at $1,600,000, indicating substantial upside.
Vacant Possession Option: Can be delivered 100% vacant at close of escrow for a primary home user, allowing immediate occupancy or renovation without tenant complications.
Separate Utility Metering: Both units are separately metered for gas and electricity, simplifying tenant billing and management for investors or multi-generational living.

Cons

As-Is Condition: The property is being sold in its present 'as-is' condition, which implies potential for significant repair, renovation, or upgrade costs.
Age of Property: Built in 1926, the property likely has older systems and infrastructure that may require substantial investment for modernization and maintenance.
Restricted Access for Due Diligence: The instruction 'Please do NOT disturb tenants or walk onto property' suggests limited access for potential buyers, which can complicate thorough inspections and appraisals.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state