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Closed
- Listed price
- $1,350,000
- Listed Feb 14, 2018
- Sold price
- $1,125,000
- Sold Jun 26, 2018
9,596 sqft lot00|55 MLS days on market
4331 BURNS Ave, Los Angeles, CA 90029
Property Description
Small Lot Subdivision Opportunity in Hollywood. The Vales is a small lot subdivision opportunity in LA's thriving Hollywood submarket. Located at 4331 Burns Ave., between Vermont Blvd. and Virgil Ave., the parcel of land is roughly 9,569 square feet and zoned LARD 1.5. While the current improvements on the property are five apartment units, a developer will have the opportunity to replace those units with six three-story single-family residences.Small lot subdivisions are the future for Los Angeles home buyers. Most buyers want to live in the City but are forced to move outside the area because of high home prices. Small lot subdivision offers a solution to this problem. Buyers can purchase a brand new modern home in the city at a cost below that of surrounding homes. Small lots are not condos. They have no shared walls and no homeowners association (HOA). The renderings provide are conceptual, plans have not been submitted to the City of Los Angeles
Listing agent: Peter StraussDRE #01335696peter@iconicinv.com, Listing office: Iconic Investments
MLS data updated 11/2/2026, 4:53:18 AM PT
Source: CRMLSMLS #: 18314342
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,125,000
Jun 26, 2018
Available records22018
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90029 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90029 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.