NOT LISTED FOR SALE

2046 S Burnside Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $652,000 - $943,000

8 Beds
4 Baths
3,408 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $915,000 $268 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,610/month

305 Days on Market

Highlights

  • Balcony
  • Gated Home
  • Carpet
  • 4 Car Garage
  • East Facing Home

About This Home

As of August 2024

Excellent Investment opportunity to own 4-plex in Mid-City neighborhood. Very convenient to public transporation, DTLA, the Grove, Beverly Center and a short distance to many restaurants and shopping on Pico/La Brea area. Easy access to the Santa Monica freeway. Minutes from LAX. Please do not disturb the existing tenants or walk the property without an appointment.

Last Agent to Sell the Property

Dallas Matthews

Litenew Realty License #00988082 Listed on: 05/29/2023

Last Buyer's Agent

Dalton Jackson

Avenue Homes License #02132311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1953

Lot Details

  • 5,867 Sq Ft Lot
  • East Facing Home
  • Gated Home

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • 2-Story Property
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Balcony
  • City Lot

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5063-016-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3408
  • Lot Acreage: 0.1347
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 60
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 4
  • Flooring: Carpet, Laminate
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 297.83

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Slab
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Assigned, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Smoke Detector, Window Bars
  • Sewer: In Street
  • Water: Public
  • Water Expense: 2700.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2468.00
  • Maintenance Expense: 900.00

Lot Info

  • Assessed Improvement Percent: 64.78
  • Assessed Improvement Value: 52642
  • Assessed Land Percent: 35.22
  • Assessed Land Value: 28616
  • Total Assessed Value: 81258
  • Assessor Parcel Number: 5063-016-026
  • Lot Location: City
  • Lot Size Area: 5867

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 8472
  • Type Of Units: Two Bedrooms
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 1504.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2023
Closed on
Aug 7, 2024
Sold by
Matthews Living Trust and Matthews Dallas
Bought by
Gi Property 97 Llc
Seller's Agent
Dallas Matthews
Litenew Realty
Buyer's Agent
Dalton Jackson
Avenue Homes
List Price
$1,350,000
Sold Price
$915,000
Premium/Discount to List
-$435,000
-32.22%
Views
138
Current Estimated Value
$844,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,333
Avg. Annual Appreciation
-7.14%
Original Mortgage
$1,091,160
Outstanding Balance
$93,770
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$750,897

Purchase Details

Closed on
Aug 25, 2013
Sold by
Matthews Harry
Bought by
Matthews Harry and Matthews Eunice

Purchase Details

Closed on
Feb 12, 1998
Sold by
Matthews Harry
Bought by
Matthews Harry and Matthews Eunice
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gi Property 97 Llc $915,000 Lawyers Title
Matthews Harry -- None Available
Matthews Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gi Property 97 Llc $1,091,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2024 08/28/24 Sold $915,000 -9.9% $268 / Sq Ft
07/24/2024 07/24/24 Price Changed $1,015,000 -9.0% $298 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $1,115,000 -6.7% $327 / Sq Ft
01/02/2024 01/02/24 Price Changed $1,195,000 -6.3% $351 / Sq Ft
09/04/2023 09/04/23 Price Changed $1,275,000 -3.8% $374 / Sq Ft
08/01/2023 08/01/23 Price Changed $1,325,000 -1.9% $389 / Sq Ft
05/29/2023 05/29/23 For Sale $1,350,000 -- $396 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,571 $915,000 $850,000 $65,000
2024 $1,571 $84,538 $29,771 $54,767
2023 $1,555 $82,882 $29,188 $53,694
2022 $1,505 $81,258 $28,616 $52,642
2021 $1,465 $79,665 $28,055 $51,610
2019 $1,433 $77,304 $27,224 $50,080
2018 $1,316 $75,790 $26,691 $49,099
2016 $1,227 $72,849 $25,655 $47,194
2015 $1,214 $71,756 $25,270 $46,486
2014 $1,249 $70,351 $24,775 $45,576
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dallas Matthews

    Litenew Realty

    (562) 208-7277

    1 in this area

    2 Total Sales

    Dallas Matthews
    Section Image
  • Dalton Jackson

    Buyer's Agent in 2024

    Dalton Jackson

    Avenue Homes

    (310) 432-6400

    1 in this area

    9 Total Sales

    Dalton Jackson
    Section Image
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Map

Source: The MLS

MLS Number: 23-274883

The MLS

APN: 5063-016-026

California Los Angeles County Los Angeles 90016 Mid-City

2046 S Burnside Ave, Los Angeles, CA

This home is located at 2046 S Burnside Ave, Los Angeles, CA 90016 since 29 May 2023 and is currently estimated at $844,667, approximately $247 per square foot. This property was built in 1953. 2046 S Burnside Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Susan Miller Dorsey Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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