234 N Burlington Avenue, Los Angeles, California 90026

  • $2,575,000
234 N Burlington Avenue, Los Angeles, CA 90026
Active
234 N Burlington Avenue, Los Angeles, California 90026
234 N Burlington Avenue, Los Angeles, CA 90026
  • $2,575,000

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.

  • Address 234 N Burlington Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90026
  • Country US

Details

Updated on May 14, 2026 at 9:28 pm
  • Property ID: BB25250782
  • Price: $2,575,000
  • Property Size: 4798 Sqft
  • Land Area: 0.1377 Acres
  • Garages: 4.0
  • Year Built: 2023
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Submit
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned
  • Community Features: Sidewalks

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  • Hoyt Hochman