2921 S Burnside Avenue Los Angeles, CA $ 5,395,000
2921 S Burnside Avenue
$ 5,395,000
Recently Listed New Construction
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2921 S Burnside Avenue

Los Angeles, CA, 90016
$ 5,395,000
Bedrooms27 Baths3.0 Sq 12,538

Monthly Estimate*

$ 33,218

Listed by Keller Williams Hollywood Hills
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Multi-Family Home for sale in Los Angeles, CA

for $5,395,000 with 27 bedrooms and 3 full baths. This 12,538 square foot home was built in 2025 on a lot size of 0.2132.

6.1% Cap Rate. 2921 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 plus storage that rents for $50/month, 2921 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.

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Multi-Family Active

Price

$ 5,395,000

Bedrooms

27

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2132

Year Built

2025

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26638793

Days on Market

2

Features
General
Living Area 12538
Sewer Other
Heating Central
Cooling Central Air
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Garage Spaces 4
Architectural Style Modern
Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Gated Community Smoke Detector(s)
Year Built 2025
Tenant Pays Electricity Gas Trash Collection Water
Levels Multi/Split
Gross Income 409224
Community Features Gated
County Los Angeles
Net Operating Income 329336
New Construction true
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Jefferson Blvd East of La Cienega South of W Adams West of La Brea
City Los Angeles
Senior Community Y/N false
Number Of Units Total 7
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 9286
Number of Units Leased 7
Standard Status Active
Year Built Source Builder
Cap Rate 6.1
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 27
Total Baths 27
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Exterior
Parking Features Assigned Door-Multi Garage
Total Parking 14
Lot Size Area 9286
Number of Buildings 3
Building Area Total 12538
Lot Dimensions 50x155
Lot Size Acres 0.2132
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* Excluded Features
List By
Keller Williams Hollywood Hills

Broker

yohann@ikonadvisors.com

Email

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$33,218
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Monthly Principal & Interest
$33,218
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/20/2026$5,395,000 Listed Price

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2921 S Burnside Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $5,395,000 with 12,538 sqft and a lot size of 0.2132. 2921 S Burnside Avenue has 27 bedrooms, 3.0 baths, and was built in 2025. The property's zip code is 90016 which is in Los Angeles, CA