Active
1331 S Burnside Ave
Los Angeles CA, 90019
$3,875,000
$249.71 per sqft
Active
0.36 Acres
Land
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.
25-482633
MLSⓇ ID
January 14, 2025
Listed
January 22, 2025
Updated
Map
1331 S Burnside Ave
Los Angeles CA, 90019
Exterior/Building Features
Lot Size
0.36 Acres
Lot Features
2-4 Lots
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
Beverly Center-Miracle Mile
Days on Market
8
Garage
No
View
Yes
View Description
City
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Iman Mossanen with Marcus & Millichap
Listing Contact: 310-866-3844
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/22/2025