$ 2,200,000
-
$2,200,000
Price -
8
Bed -
4
Bath -
3,408
SqFt
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About the Listing CLW-X80288 - CLW-C110128
Mid City Turnkey 4-Unit Investment Adjacent to Culver City Arts District. Position your portfolio in one of LA's most durable rental corridors with this fully remodeled Mid City 4-unit asset, ideally located adjacent to the Culver City Arts District and minutes to West Adams, Beverly Hills, Century City, and the Westside. A strong fit for 1031 exchange buyers and long-term holders, this property delivers the rare combination of stability, upgraded systems, and day-one curb appeal in a high-demand submarket. The building has been comprehensively improved with a modern, design-forward finish while maintaining its architectural character. Interiors feature abundant natural light, 8-foot ceilings, quality flooring, and open, functional layouts that support tenant retention and premium demand. Kitchens are high-end with custom cabinetry and upgraded appliance packages, including Fisher & Paykel refrigeration, a Samsung 5-burner slide-in gas range, a stainless dishwasher, an OTR microwave, and in-unit laundry. Major capital items have been addressed for investor peace of mind, including a new electrical sub-panel and wiring, upgraded plumbing, an ABS sewer line, and a 3-zone mini-split HVAC system, helping reduce near-term maintenance exposure and supporting predictable operations. The exterior is equally dialed in, with fresh paint, landscaping, a secure, gated entry, an automatic driveway gate, and a shared outdoor patio that enhances the tenant experience. Additional value-add conveniences include community storage and a shared storage room. Bonus Upside: The property's detached-garage configuration offers a compelling path to additional revenue, with the potential to convert the detached garages into two ADUs, creating new rental income streams and further boosting long-term returns (buyer to verify feasibility with City/architect).A true turnkey Mid City apartment investment with future income expansion in a location that continues to outperform.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Oven, Refrigerator
- Air Cond:
- Heating: Combination,Wall Furnace,Zoned
- Fireplaces:
- Floor: Laminate,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 6
- Zoning: LARD1.5
- Roof: Composition,Shingle
- Others: Updated/Remodeled,Stucco,2+ Total Units
- Sewer:
- Parking Features: Covered,Garage,Garage Door Opener,Private,Side By Side,Storage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5063016026
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2048 S Burnside Ave Los Angeles, CA 90016
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