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2915 South Burnside Avenue

Los Angeles CA 90016

9
8
7
4108 sq. ft.
9288 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to offer for sale a seven-unit apartment building located at 2915 South Burnside Avenue. The subject property is located just north of Jefferson Boulevard within the desirable West Adams sub-market. Located in the West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, WarnerMedia and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. Burnside is less than 1 mile away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. Situated on a 9,288 square foot parcel, the property is comprised of five one-bedroom units, one two-bedroom apartment unit and one two-bedroom house. New ownership can add an Additional Dwelling Unit (ADU) to maximize income and appreciation potential. Permits are "RTI" Status. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2915 South Burnside an attractive investment opportunity.

Features

9 bedrooms
8 bathrooms
7 carspaces
4108 sq. ft. floor area
9288 sq. ft. lot size
Other

Property history for 2915 South Burnside Avenue

2021
Sold
$1,450,000
28 Dec 2021

Happy sellers in Los Angeles

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Local market activity for 9 bedroom other properties in Los Angeles

In the last 12 months, 1 nine-bedroom other similar to 2915 South Burnside Avenue, have been sold.

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