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234 Burlington Avenue, Los Angeles, CA 90026

Los Angeles
Local realty services provided by:CENTURY 21 Masters
234 Burlington Avenue,Los Angeles, CA 90026
$2,575,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lauren cearley
Office: myunits.com inc.
MLS#:BB25250782
Source:MLSListings

Price summary

  • Price:$2,575,000

About this home

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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Home facts

  • Year built:2023
  • Listing ID #:BB25250782
  • Added:321 day(s) ago
  • Updated:July 22, 2026 at 04:25 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Year built:2023
  • Lot area:0.14 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,575,000

Parking

  • Parking description:Assigned Spaces
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