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.
New construction
Listing Provided by:
Lauren Cearley DRE #02146823 209-298-6020,
Myunits.com Inc.,
Isaac Davidi DRE #01819489 310-877-9425,
The Davidi Company
$2,575,000
234 N Burlington Ave, Los Angeles, CA 90026
14beds
14baths
4,798sqft
Est.:
Quadruplex
Built in 2023
-- sqft lot
$2,503,000 Zestimate®
$537/sqft
$-- HOA
What's special
- 263 days |
- 31 |
- 3 |
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