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.
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.
Property Details
Price:
$2,575,000
MLS #:
BB25250782
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
671
Listed Date:
Oct 30, 2025
Total Sq Ft:
4,798
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
2023
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
IN
Exterior
Community Features
SDW
Parking Spots
8
Financial
Maintenance Fee
$1,000
Taxes
$30,884
Map
Community
- AddressN Burlington AV Lot 15 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 31, 2025
2,097
Single Family Listed
57
Avg DOM
1,017
Avg $ / SqFt
$2,023,383
Avg List Price
Property Summary
- N Burlington AV Lot 15 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90026.  It is listed for $2,575,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2023. The average price per square foot for Single Family listings in Los Angeles is $1,017.  The average listing price for Single Family in Los Angeles is $2,023,383.
Similar Listings Nearby
 Courtesy of Myunits.com Inc..  Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than  include the name of the listing broker. Neither the listing company nor  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
 Courtesy of Myunits.com Inc..  Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than  include the name of the listing broker. Neither the listing company nor  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.N Burlington AV Lot 15
Los Angeles, CA











