Keller Williams Realty - Jeff Menendez Homes
1/8
Listing Courtesy Of: Marcus & Millichap, 310-909-5500, Iman Mossanen
Local Realty Services Provided By: Keller Williams Realty Larchmont
Overview
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$3,395,000
1331 S Burnside Ave, Los Angeles, CA 90019
.35 ac
$3,395,000

1331 S Burnside Ave, Los Angeles, CA 90019

Estimation provided by Keller Williams Realty Inc.
.35 ac
Active
For Sale
Virtual Tour

Property Description

1327-1331 S Burnside Ave is a rare double-lot infill site in the heart of Mid-City offers an exceptional development opportunity in one of Los Angeles' most sought-after areas. Currently vacant, the property eliminates the need for tenant relocation, providing a clean slate for investors and developers to execute their vision. With approximately 94 feet of frontage on S Burnside Avenue and proximity to West Pico and San Vicente Boulevards, the site enjoys outstanding visibility and accessibility, making it highly desirable for future tenants.The property is located in the affluent Mid-City submarket, known for its strong market fundamentals, rising rents, and high-end demographics. Its lack of existing entitlements allows developers the flexibility to explore a wide range of strategies to maximize the property's potential. Nearby transformative projects like Mid-Town Crossing highlight the area's rapid evolution, further boosting its investment appeal. Surrounded by a vibrant mix of major retailers, entertainment options, and diverse amenities, the property is perfectly positioned to attract strong tenant interest. Its central location near key employment centers and convenient transportation hubs enhances its desirability for urban living and commercial activity. With Mid-City's thriving rental market and ongoing growth, this property offers promising returns for investors looking to capitalize on the area's sustained demand and dynamic neighborhood environment.

Property Details

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Overview
Property Type
Land
Days on Site
67 Days
Parking
No
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $3,395,000
Principal + Interest
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Home Insurance
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Price & Tax History

Date
Event
Price
03/12/2025
Price Decrease
$3,395,000
(-12.39%)
$9,700,000/ac
01/14/2025
Listed
$3,875,000
(+568.1%)
$11,071,429/ac
07/29/2013
Sold
$580,000
$1,657,143/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$9,619
(+4.91%)
$794,761
Land 794,761
2022
$9,169
(+1.18%)
$763,900
Land 763,900
2021
$9,062
(+3.12%)
$763,900
Land 763,900
2019
$8,788
(+1,311,608.96%)
$756,068
Land 756,068
2017
$0.67
$726,710
Land 712,461
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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