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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$2,575,000

Est. payment - /mo

14 Beds

14 Baths

6,000 Sqft Lot

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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

Senior Community No

Tax ID 5159009005

Virtual Tour https://www.myunits.com/buy/236burlington

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Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.

Nearby School & Business

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

234 N Burlington Avenue Los Angeles, CA 90026

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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