2048 South Burnside Avenue
Los Angeles, CA, 90016 $ 2,200,000
Baths0.0 Sq 3,408 Monthly Estimate*
$ 13,546
Studio for $2,200,000. This 3,408 square foot home was built on a lot size of 0.13.
Mid City Turnkey 4-Unit Investment Adjacent to Culver City Arts District. Position your portfolio in one of LA's most durable rental corridors with this fully remodeled Mid City 4-unit asset, ideally located adjacent to the Culver City Arts District and minutes to West Adams, Beverly Hills, Century City, and the Westside. A strong fit for 1031 exchange buyers and long-term holders, this property delivers the rare combination of stability, upgraded systems, and day-one curb appeal in a high-demand submarket. The building has been comprehensively improved with a modern, design-forward finish while maintaining its architectural character. Interiors feature abundant natural light, 8-foot ceilings, quality flooring, and open, functional layouts that support tenant retention and premium demand. Kitchens are high-end with custom cabinetry and upgraded appliance packages, including Fisher & Paykel refrigeration, a Samsung 5-burner slide-in gas range, a stainless dishwasher, an OTR microwave, and in-unit laundry. Major capital items have been addressed for investor peace of mind, including a new electrical sub-panel and wiring, upgraded plumbing, an ABS sewer line, and a 3-zone mini-split HVAC system, helping reduce near-term maintenance exposure and supporting predictable operations. The exterior is equally dialed in, with fresh paint, landscaping, a secure, gated entry, an automatic driveway gate, and a shared outdoor patio that enhances the tenant experience. Additional value-add conveniences include community storage and a shared storage room. Bonus Upside: The property's detached-garage configuration offers a compelling path to additional revenue, with the potential to convert the detached garages into two ADUs, creating new rental income streams and further boosting long-term returns (buyer to verify feasibility with City/architect).A true turnkey Mid City apartment investment with future income expansion in a location that continues to outperform.
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FeaturesGeneralLiving Area 3408.0
Heating Wall Furnace Combination Zoned
Roof Shingle Composition
Zoning LARD1.5
Pool Features Private
Security Features Smoke Detector(s) Automatic Gate Gated Community Carbon Monoxide Detector(s)
Construction Materials Stucco
Tenant Pays Electricity Trash Collection Cable TV Gas
View City Lights
Levels Two
County Los Angeles
Net Operating Income 129532.0
Insurance Expense 2500.0
New Construction No
Property Type C
Association Amenities Security Picnic Area
HOA No
Status Active
City Los Angeles
Entry Location Ground Level - no steps
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5869.0
Land Lease Y/N No
Electric Expense 1200.0
Property Condition Updated/Remodeled
Water Sewer Expense 3000.0
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Taxes 26840.0
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Tile Laminate Vinyl
Kitchen Appliances Dishwasher Disposal Gas Oven Microwave Oven Refrigerator
Total Stories 2
Heating Y/N Yes
Window Features Screens Double Pane Windows
Laundry Features Stackable In Kitchen
Total Baths 0
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ExteriorParking Features Covered Garage Door Opener Side by Side Built-In Storage
Water Source Public
Lot Size Area 5869.0
Spa No
Pool Y/N? No
Building Area Total 3408.0
Lot Size Acres 0.13
Land Lease Type Fee
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $13,546
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,927,914
Percent of Sale Price 12%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $2,200,000 | | Listed Price |