234 N Burlington Avenue Los Angeles, CA ^$ 2,575,000

234 N Burlington Avenue

^$ 2,575,000

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New Construction

234 N Burlington Avenue

Los Angeles, CA, 90026

^$ 2,575,000

Studio Baths3.1 Sq 4,798

Monthly Estimate*

^$ 16,065

Listed by Myunits.com Inc.

View a Virtual Tour

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,575,000 with 3 full baths, 1 half bath. This 4,798 square foot home was built in 2023 on a lot size of 0.1377.

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.

Multi-Family Active

Price

^$ 2,575,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 30,884

Style

Lot Size

0.1377

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB25250782

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Zoning LARD1.5

Garage Spaces 4

Pool Features None

Year Built 2023

Electric Standard

Tenant Pays All Utilities

View Neighborhood

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 196020

Community Features Sidewalks

County Los Angeles

Net Operating Income 154586

Operating Expense 3554

Insurance Expense 1919

New Construction 1

Property Type Residential Income

MaintenanceExpense 1000

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions Just minutes from the 101 110 and 5 Freeways 234 N Burlington offers renters unbeatable access to Downtown LA Echo Park and Silver Lake’s job centers schools and lifestyle amenities making it a prime investment location with strong demand.

City Los Angeles

Entry Location 1

Senior Community Y/N 0

Open Parking Spaces 4

Number Of Units Total 4

MLS Area C21 - Silver Lake - Echo Park

Lot Size Units Square Feet

Lot Size Square Feet 6000

Number of Units Leased 4

Listing Terms Submit

Spa Features None

Property Attached Y/N 0

Land Lease Y/N 0

Tax Annual Amount 30884

Electric Expense 750

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Builder

Tax Lot 15

Virtual Tour https://www.myunits.com/buy/236burlington

Total Actual Rent 16335

Property Sub Type Additional Quadruplex

Taxes 30884

Cap Rate 6

Interior

Fireplace Features None

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 0

Laundry Features Inside

Entry Level 1

Exterior

Parking Features Assigned

Lot Features Landscaped

Water Source Public

Total Parking 8

Lot Size Area 6000

Number of Buildings 2

Spa 0

Building Area Total 4798

Lot Size Acres 0.1377

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 4

Number of Separate Gas Meters 4

Number of Separate Electric Meters 5

* Excluded Features

List By

Myunits.Com Inc.

Broker

listings@twotofour.com

Affordability Calculator

$18,638

Per Month

Monthly Principal & Interest: $16,065
Monthly Property Taxes: $2,574
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,897,717

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,575,000		Listed Price

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234 N Burlington Avenue, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $2,575,000 with 4,798 sqft and a lot size of 0.1377. 234 N Burlington Avenue is a studio with 3.1 baths and was built in 2023. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/17/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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234 N Burlington Avenue

Multi-Family Home for sale in Los Angeles, CA

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