FSBO
FSBO - For Sale
$2,575,000
For Sale by Owner
Listed 9 months ago
14BR Multi-Family for Sale in Los Angeles, CA
234 N Burlington Ave, Los Angeles, CA 90026
14 Beds
14 Bath
Built 2023
PropSlick Verified Data
Key facts & insights for this exact address
2023
Year Built
$10,878
Property Tax / yr
5,998 sf
Lot Size
4
Garage Spaces
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built2023
Lot Size5,998 sq ft
Garage Spaces4
Annual Property Tax$10,878
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.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Washer/Dryer
Property Location
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