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30765769
30765786

234 N Burlington Avenue, Los Angeles, CA 90026

CW
Myunits.com Inc.
Myunits.com Inc.
Listed by Myunits.com Inc.
$2,575,000
72 days on market
Updated 20 days ago

234 N Burlington Avenue

Details
APN 5159009005
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 6.00%
Buildings 2
Stories 2
Acreage 0.138
Zoning Builder

Multifamily | 6.00% CAP | 4 Units

Marketing 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.
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Listing Contacts

CW
Myunits.com Inc.
Myunits.com Inc.
Listed by Myunits.com Inc.

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