1327 S Burnside Ave - 1327-1331 S Burnside Dr Los Angeles, CA 90019
0.36 Acres of Residential Land Offered at $5,577,249 CAD in Los Angeles, CA 90019
Investment Highlights
- Strategic Location in Supply-Constrained Market
- Robust Employment Hub & Strong Demographics
- Close Proximity to Major Retail and Dining Destinations
Executive Summary
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
MidTown 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.
Property Facts
Price | $5,577,249 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.36 AC |
1 Lot Available
Lot
Price | $5,577,249 CAD |
Price Per AC | $15,655,699.27 CAD |
Lot Size | 0.36 AC |
Double-Parcel Site: 1327 & 1331 S Burnside Ave, zoned R3-1-O, with approximately 94 feet of frontage. The land is vacant and ready for immediate development.
Description
A vacant double lot spanning approximately 15,518 SF in a prime Mid-City location, offering exceptional development potential.
PROPERTY TAXES
Parcel Number | 5085-034-021 | Improvements Assessment | $0 CAD |
Land Assessment | $1,168,569 CAD | Total Assessment | $1,168,569 CAD |
zoning
Zoning Code | R3-1-O (R3-1-O) |