N Burlington AV Lot 15
Los Angeles, CA, 90026
$2,575,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
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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.

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
Newconstruction 671

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Schools

Interior

Cooling
CA
Heating
CF
Laundry Features
IN

Exterior

Community Features
SDW
Parking Spots
8

Financial

Gross Operating Income
$190,139
Maintenance Fee
$1,000
Net Operating Income
$154,586
Taxes
$30,884

Map

Community

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.

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