1327 S Burnside Ave - 1327-1331 S Burnside Dr Los Angeles, CA 90019

0.36 Acres of Residential Land Offered at £3,139,874 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

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.

Property Facts

Price £3,139,874
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 £3,139,874
Price Per AC £8,813,828.92
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.

Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (76)

PROPERTY TAXES

zoning

Zoning Code R3-1-O (R3-1-O)
  • Listing ID: 34470478

  • Date on Market: 13/01/2025

  • Last Updated:

  • Address: 1327 S Burnside Ave, Los Angeles, CA 90019