2923 S Burnside Avenue, Los Angeles, CA 90016

  • $5,495,000
2923 S Burnside Avenue, Los Angeles, CA 90016
Active
2923 S Burnside Avenue, Los Angeles, CA 90016
2923 S Burnside Avenue, Los Angeles, CA 90016
  • $5,495,000

Description

5.75% Cap Rate. 2923 S Burnside Avenue is a brand-new collection of seven fully-leased townhome style apartments in the heart of Mid-City, Los Angeles. The property includes four 4-bedroom, 4-bath homes two with private 2-car garages, two 4-bedroom, 3.5-bath homes, and one 3-bedroom, 3-bath home. Units offer assigned parking, in-unit laundry, and private balconies or outdoor spaces, while spacious layouts provide clear separation between living, dining, and bedroom areas for both privacy and comfort. Designed with contemporary architecture and open floor plans, these townhome style units maximize natural light and space. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities that appeal to today’s renters. Fully leased and producing consistent income, 2923 S Burnside Avenue offers turnkey investment potential in a high-demand rental market. Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to central Los Angeles, this property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market.

  • Address 2923 S Burnside Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90016
  • Country US

Details

Updated on October 17, 2025 at 7:20 am
  • Property ID: 25602279
  • Price: $5,495,000
  • Property Size: 12538
  • Land Area: 0.2132 Acres
  • Bedrooms: 27
  • Bathrooms: 27
  • Garages: 4.0
  • Garage Size: x x
  • Year Built: 2025
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman