
Los Angeles, California 90019
This Value-Add Dual-Unit Asset is listed at $1,049,000, reflecting market-accurate pricing relative to its $983,617 Fair Market Value. Comprising a 2-bed front house, a detached 1-bed rear unit, and city views, the property carries a Fixer Condition Rating and is sold as-is. Located in a prime Mid-City hub near Culver City and Miracle Mile, the asset offers immense upside with a projected post-remodel valuation of $1,600,000. This project is a high-yield opportunity for Fix-and-Flip Investors or Owner-Occupants seeking to manufacture equity in a high-demand Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1618 S Burnside Avenue Subject | $1,049,000* List Price | 3 | 2 | 1,628 | $635 | - |
A 1423 S Spaulding Avenue Sold | $1,305,000 | 3 | 2 | 1,765 | $739 | 0.6 mi |
B 4712 Mascot Street Sold | $1,127,500 | 3 | 2 | 1,712 | $659 | 0.8 mi |
C 1744 S Genesee Avenue Sold | $1,165,000 | 3 | 2 | 1,657 | $703 | 0.5 mi |
D 1421 S Ridgeley Drive Sold | $927,000 | 2 | 1 | 1,213 | $764 | 0.3 mi |
E 1849 S Fairfax Avenue Sold | $1,068,000 | 2 | 2 | 1,302 | $820 | 0.8 mi |
F 1425 S Redondo Boulevard Active Under Contract | $999,000 List Price | 2 | 1 | 1,242 | $804 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer' in 'as-is' condition. Built in 1926, the home exhibits significant deferred maintenance and outdated features, including popcorn ceilings, worn laminate and tile flooring, and aged kitchen and bathroom fixtures. While currently tenant-occupied, the listing notes that a substantial capital investment and full remodel are required to modernize the structure and systems to meet current market standards.
Situated in a highly sought-after Los Angeles hub near Culver City and Miracle Mile, the property offers exceptional access to major studios, world-class dining, and transit on a quiet, tree-lined street.
As a designated fixer-upper with a projected post-remodel valuation of $1.6 million, this property presents a lucrative opportunity for equity growth through renovation and expansion.
The property features a 2-bedroom front house and a detached 1-bedroom rear unit with separate meters, providing excellent flexibility for multi-generational living or supplemental rental income.
The property is being sold in 'As-Is' fixer condition, requiring a substantial immediate capital investment for repairs, modernization, and structural updates.
Currently tenant-occupied with restricted access, the property can only be delivered vacant for primary home users, which may limit the buyer pool and complicate the closing process for investors.
A fixer - 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,628 | 1,712 | 46% |
| Lot Size | 6,002 | 6,256 | 46% |
| Price | $1.05M | $1.32M | 30% |
| Price per sq ft | $644 | $764 | 20% |
| Built year | 1926 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 187 | 2% |
Mar 19, 2026
$1,049,000
Initial Listing
Jul 27, 2022
$1,000,500
Public Record