2923 S Burnside AV
Los Angeles, CA, 90016
$5,495,000
27 Beds
27 Baths
12,538 SqFt
0.21 Acres
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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.

Property Details

Price:
$5,495,000
MLS #:
25602279
Status:
Active
Beds:
27
Baths:
27
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Oct 17, 2025
Finished Sq Ft:
12,538
Total Sq Ft:
12,538
Lot Size:
9,286 sqft / 0.21 acres (approx)
Year Built:
2025
NewconstructionCommunity GatedC16 – Mid Los AngelesC16midlosangeles

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Schools

Interior

Appliances
DW, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC

Exterior

Architectural Style
MOD
Parking Spots
14
Security Features
SD, COD, FS, GC

Financial

Gross Operating Income
$396,947
Net Operating Income
$315,869

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Dec 08, 2025
3,202
Single Family Listed
77
Avg DOM
689
Avg $ / SqFt
$1,521,533
Avg List Price

Property Summary

    2923 S Burnside AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $5,495,000 and features 27 beds, 27 baths, and has approximately 12,538 square feet of living space, and was originally constructed in 2025. The current price per square foot is $438. The average price per square foot for Single Family listings in Los Angeles is $689. The average listing price for Single Family in Los Angeles is $1,521,533.

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