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Closed
- Listed price
- $2,900,000
- Listed Jan 31, 2017
- Sold price
- $2,891,000
- Sold Apr 21, 2017
7,785 sqft lot|1939 Built|6 MLS days on market
637 S BURNSIDE Ave, Los Angeles, CA 90036
Property Description
A 7,785 SF LAR4 lot with future development potential in highly desirable Miracle Mile location near LACMA, The Grove, and future Metro Purple Line! Situated just north of Wilshire Blvd, this property consists of four large 2+1 units and two large 1+1 units. All rents are well below market with approximately 25% upside potential. The property boasts 6 garaged parking spaces in the rear and is separately metered for gas and electricity. Each unit has its own hot water heater, which keeps owner expenses low. Many units have renovated kitchens and bathrooms with stainless appliances and upgraded finishes. All units have hardwood floors and the exterior of the property is punctuated with mature landscaping. This building is zoned R4 with development potential to build 12 units "by right".
Listing agent: Kenny StevensDRE #01090251kstevens@concord-re.com, Listing office: Concord Real Estate Service
MLS data updated 11/3/2026, 6:49:38 AM PT
Source: CRMLSMLS #: 17198284
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,891,000
Apr 21, 2017
Available records22017
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 90036 · 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 90036 · 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.