tomo logo

$1,049,000

Beds
3
Baths
2.0
sq ft
1,628

1618 S Burnside Ave, Los Angeles, CA 90019

1618 S Burnside Ave

Los Angeles, CA 90019

  • 2 days on market
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. MOTIVATED SELLER.

Details

Property type

Single Family Residence

Est. home value

$1,251,332

Lot size

6,002 sq ft

Price per sq ft

$645

Year built

1926

HOA

No

Price History

03/23/2025
CLAW

CLAW #25515357

Listed
$1,049,000
-0.1%
02/25/2025
CLAW

CLAW #24466605

Removed
$1,050,000
02/17/2025
CLAW

CLAW #24466605

Price change
$1,050,000
-16%

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Brian S Kang

Loan start date

March 2023

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial

Seller

Mkchlee Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/25/2025 at 9:45 AM

Listing updated: 03/23/2025 at 10:30 AM

Listed by: Max Lee, Real Broker Phone #: (619) 663-8680

MLS: CLAW #25515357

CLAW logo