$ 2,575,000
-
$2,575,000
Price -
28
Bed -
28
Bath -
4,798
SqFt
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About the Listing bH5345657 - BB42774,CLW-X92246
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.
Listing Highlights
Interior Details
- Bedrooms: 28
- Bathrooms: 28 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Landscaped,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 8
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: $30,884
- Taxes w/Assessments: N/A
- Tax/Property ID: 5159009005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
234 N Burlington Ave Los Angeles, CA 90026
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