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$ 2,575,000
Est. payment /mo
New
234 N Burlington Avenue Los Angeles, CA 90026
14 Beds
6,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25250782
Bedrooms 14
Lot Size 6,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
234 N Burlington Ave | A Fully stabilized 2023 construction fourplex delivering a true 6.00% cap rate at $2,575,000. This rare income property offers immediate, predictable cash flow with zero lease-up risk: ideal for end-of-year and 1031 exchange buyers seeking strong returns in a core Los Angeles location. Each unit features modern 3- and 4-bedroom layouts with open floorplans, designer kitchens, in-unit laundry, and premium finishes that command top rents. Eight total parking spaces, separate utility meters, and all new systems ensure minimal operating costs and maximum efficiency. Located just blocks from Echo Park Lake, Silver Lake, and Downtown LA, the property attracts high-earning tenants and benefits from continued submarket growth driven by limited SB 8 supply and consistent rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.
Location
State CA
County Los Angeles
Zoning Builder
Direction Just minutes from the 101, 110, and 5 Freeways, 234 N Burlington offers renters unbeatable access to Downtown LA, Echo Park, and
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5159009005
Virtual Tour https://www.myunits.com/buy/236burlington
Listed by Lauren Cearley Myunits.com Inc.
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