Los Angeles, CA 90019,1331 S Burnside Ave
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Los Angeles, CA 90019,1331 S Burnside Ave
Los Angeles, CA 90019,1331 S Burnside Ave
Los Angeles, CA 90019,1331 S Burnside Ave
Los Angeles, CA 90019,1331 S Burnside Ave
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$ 3,395,000
Est. payment /mo
Price Dropped by $480K

1331 S Burnside Ave Los Angeles, CA 90019

0.36 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25-482633

Lot Size 0.356 Acres

Acres 0.35

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.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Exterior

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description 2-4 Lots

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=Zg-IQ2Fgdy0


TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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