2048 S Burnside Avenue
Los Angeles, CA, 90016 $ 2,200,000
Bedrooms8 Baths1.0 Sq 3,408 Monthly Estimate*
$ 13,546
for $2,200,000 with 8 bedrooms and 1 full bath. This 3,408 square foot home was built on a lot size of 0.1347.
Mid City Turnkey 4-Unit Investment Adjacent to Culver City Arts District. Position your portfolio in one of LA's most durable rental corridors with this fully remodeled Mid City 4-unit asset, ideally located adjacent to the Culver City Arts District and minutes to West Adams, Beverly Hills, Century City, and the Westside. A strong fit for 1031 exchange buyers and long-term holders, this property delivers the rare combination of stability, upgraded systems, and day-one curb appeal in a high-demand submarket. The building has been comprehensively improved with a modern, design-forward finish while maintaining its architectural character. Interiors feature abundant natural light, 8-foot ceilings, quality flooring, and open, functional layouts that support tenant retention and premium demand. Kitchens are high-end with custom cabinetry and upgraded appliance packages, including Fisher & Paykel refrigeration, a Samsung 5-burner slide-in gas range, a stainless dishwasher, an OTR microwave, and in-unit laundry. Major capital items have been addressed for investor peace of mind, including a new electrical sub-panel and wiring, upgraded plumbing, an ABS sewer line, and a 3-zone mini-split HVAC system, helping reduce near-term maintenance exposure and supporting predictable operations. The exterior is equally dialed in, with fresh paint, landscaping, a secure, gated entry, an automatic driveway gate, and a shared outdoor patio that enhances the tenant experience. Additional value-add conveniences include community storage and a shared storage room. Bonus Upside: The property's detached-garage configuration offers a compelling path to additional revenue, with the potential to convert the detached garages into two ADUs, creating new rental income streams and further boosting long-term returns (buyer to verify feasibility with City/architect).A true turnkey Mid City apartment investment with future income expansion in a location that continues to outperform.
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FeaturesGeneralLiving Area 3408
Heating Combination Wall Furnace Zoned
Possession Close Of Escrow
Roof Composition Shingle
Appliances Dishwasher Disposal Gas Oven Microwave Oven Refrigerator
Zoning LARD1.5
Garage Spaces 4
Pool Features None
Security Features Carbon Monoxide Detector(s) Security Gate Gated Community Smoke Detector(s)
Construction Materials Stucco
Tenant Pays Cable TV Electricity Gas Other Trash Collection
View City Lights
Stories Count 2
Levels Two
Gross Income 3600
Community Features Gated
County Los Angeles
Net Operating Income 129532
Insurance Expense 2500
New Construction false
Property Type Residential Income
Association Amenities Picnic Area Security
HOA false
Attached Garage false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Washinton Blvd to Burnside Avenue
City Los Angeles
Disclosures Home Warranty Seller Will Pay Sec. 1 Termite
Entry Location Ground Level - no steps
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 5869
Spa Features None
Land Lease Y/N false
Electric Expense 1200
Property Condition Updated/Remodeled
Water Sewer Expense 3000
Additional Parcels Y/N false
Standard Status Active
Taxes 26840
Cap Rate 5.9
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Laminate Tile Vinyl
Total Stories 2
Heating Y/N true
Window Features Double Pane Windows Screens
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Kitchen Stacked
Total Bedrooms 8
Total Baths 4
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ExteriorParking Features Covered Garage Garage Door Opener Private Side By Side Storage
Water Source Public
Total Parking 6
Lot Size Area 5869
Number of Buildings 1
Spa false
Building Area Total 3408
Lot Size Acres 0.1347
Private Pool false
Lot Size Source Assessor
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded FeaturesList ByCLeyva@AvenueHomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,546
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,883,882
Percent of Sale Price 14%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $2,200,000 | | Listed Price |