Listing by: Iman Mossanen, Marcus & Millichap

0 Beds

n/a Full bath

n/aSqFt

Active

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.

Property Details
Price $3,875,000
Lot Size 94 x 165
Lot Size Area 15518
Lot Size Area Units Square Feet
Acres 0.3562
Property Type Land
View City Lights
Geographic Data
Directions East on W Pico Blvd, North onto S Burnside Ave, just past S Fairfax Ave.
County Los Angeles
Latitude 34.049856
Longitude -118.354335
Market Area C19 - Beverly Center-Miracle Mile
Address Information
Address 1331 S Burnside Avenue, Los Angeles, CA 90019
Postal Code 90019
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Marcus & Millichap
Listing Agent Iman Mossanen
Special listing conditions Standard
Virtual Tour URL https://www.youtube.com/watch?v=Zg-IQ2Fgdy0
MLS Information
Days on market 8
MLS Status Active
Listing Date Jan 14, 2025
Listing Last Modified Jan 22, 2025
Tax ID 5085034021
MLS Area C19 - Beverly Center-Miracle Mile
MLS # 25482633

This information is believed to be accurate, but without any warranty.
Menu