1327 S Burnside Ave - Residential LAND FOR SALE


Los Angeles, CA 90019- Mid-City15,516 SF
$3,875,000 USD
310-909-5422
1327 S Burnside Ave, Los Angeles, CA for Sale
$3,875,000 USD
Residential LAND - FOR SALE
1/8
15,516 SF

1327 S Burnside Ave
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • Strategic Location in Supply-Constrained Market
  • Close Proximity to Major Retail and Dining Destinations
  • Robust Employment Hub & Strong Demographics

OVERVIEW

This 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 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.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/ACRE

$10,877,368/AC

PRICE/SF

$250 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1327-1331 S Burnside Dr Los Angeles, CA 90019

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd

LAND ACRES

0.36 AC

LAND SF

15,518 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3-1-O

APN/PARCEL ID

5085-034-021,5085-034-026

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-909-5422

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Iman MossanenMarcus & MillichapMore Info
310-909-5422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.