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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$1,628/sqft
Est. Value: $1,056,295
%
FairlyEstimate
1618 S Burnside Avenue, Los Angeles, California 90019
3Beds
2Baths
1,628Sqft
6,002Lot

Price Vs. Estimate

The estimated value ($1,056,295.15) is $7,295.15 (0%) lower than the list price ($1,049,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Central Location: The property boasts unparalleled access to dynamic Los Angeles neighborhoods including Culver City, Miracle Mile, West Adams, and the Fairfax District, offering proximity to major studios, world-class dining, shopping, museums, and transit.
Top Cons:
As-Is Sale Condition: The property is being sold in its present 'AS IS' condition, implying potential for deferred maintenance, necessary repairs, or significant upgrades that will require additional buyer investment.

Compared to the nearby listings

Price:$1.05M vs avg $1.35M ($-301,000)29%
Size:1,628 sqft vs avg 1,767 sqft42%
Price/sqft:$644 vs avg $74625%

More Insights

Built in 1926 (100 years old).
Condition: Built in 1926, this property is being sold 'AS IS' and explicitly states it requires a 'remodel/extend' to achieve higher value. The images reveal severely outdated kitchens with old appliances, worn cabinets, and laminate/tile countertops. Bathrooms feature original 1920s-style tiling and fixtures in one unit, and a slightly newer but still dated vanity in the other. Flooring is a mix of older laminate and ceramic tile, showing significant wear. The overall aesthetic is very dated, and major systems (electrical, plumbing, HVAC) are likely original or very old, requiring substantial rehabilitation and investment to meet modern standards and comfort.
Year Built
1926
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$644
HOA
-
Days on market
-
Sold On
-
MLS number
26640273
Home ConditionPoor
Features
Good View:
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.

M
Max Lee
Listing Agent

Price History

Date
Event
Price
07/27/22
Sold
$1,000,500
Condition Rating
Poor
Built in 1926, this property is being sold 'AS IS' and explicitly states it requires a 'remodel/extend' to achieve higher value. The images reveal severely outdated kitchens with old appliances, worn cabinets, and laminate/tile countertops. Bathrooms feature original 1920s-style tiling and fixtures in one unit, and a slightly newer but still dated vanity in the other. Flooring is a mix of older laminate and ceramic tile, showing significant wear. The overall aesthetic is very dated, and major systems (electrical, plumbing, HVAC) are likely original or very old, requiring substantial rehabilitation and investment to meet modern standards and comfort.
Pros & Cons

Pros

Exceptional Central Location: The property boasts unparalleled access to dynamic Los Angeles neighborhoods including Culver City, Miracle Mile, West Adams, and the Fairfax District, offering proximity to major studios, world-class dining, shopping, museums, and transit.
Income-Generating Duplex Configuration: Comprising a front 2-bed/1-bath unit and a detached 1-bed/1-bath rear unit, both separately metered and currently tenant-occupied, this property offers immediate rental income potential or flexible multi-generational living.
Significant Value-Add Opportunity: The description explicitly highlights the potential for a primary end-user to remodel/extend the home, projecting a future value of $1,600,000, indicating substantial upside for investment.
Vacant Delivery for Owner-Occupants: A key advantage for primary home users is the option for 100% vacant delivery at close of escrow, allowing for immediate occupancy or renovation commencement without tenant-related complications.
Serene Residential Setting: Situated on a quiet, tree-lined street, the property offers a serene residential enclave, combining urban accessibility with a desirable community feel.

Cons

As-Is Sale Condition: The property is being sold in its present 'AS IS' condition, implying potential for deferred maintenance, necessary repairs, or significant upgrades that will require additional buyer investment.
Tenant Occupancy & Restricted Access: Both units are currently tenant-occupied, and prospective buyers are explicitly prohibited from disturbing tenants or walking onto the property, complicating showings, inspections, and due diligence.
Substantial Renovation Required for Upside: While offering value-add potential, achieving the projected $1.6M valuation necessitates a significant remodel/extension, which entails considerable time, effort, and financial outlay from the buyer.
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