Active

234 N Burlington Avenue

Los Angeles, CA 90026
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Bed 14

Bed

Bath 13

Bath

SqFt4,798

Sqft

SqFt6,000

Sqft(Lot)

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 consisten t rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,575,000

AD Id : 68268213

MLS Id : BB25250782

Beds : 14

Lot Size : 6,000 Sqft

Living Area Size : 4,798

Year Built : 2023

Garage : 4

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 2023 Building Area Total: 4,798
  • Pool Features

    None

    Laundry Features

    Inside

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1377
  • Lot Size Source: Assessor Lot Size Square Feet: 6000

  • Listing Price Information

    Original List Price: 2,575,000 Listing Contract Date: 2025-10-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5159009005 Annual Tax: 30884

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: All Utilities

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Postal Code Plus 4: 5420 Directions: Just minutes from the 101, 110, and 5 Freeways, 234 N Burlington offers renters unbeatable access to Downtown LA, Echo Park, and Silver Lake’s job centers, schools, and lifestyle amenities, making it a prime investment location with strong demand. Zoning: LARD1.5 Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Quadruplex
  • Building and Construction

    Property Age: 3 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Builder Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2004 Echo Park Avenue, Los Angeles, CA, 90026 $1,225,000 7 3.5 2,480 2,480 SqFt
1350 Quintero, Los Angeles, CA, 90026 $1,150,000 4 2 1,508 1,508 SqFt
1500 Allison, Los Angeles, CA, 90026 $1,398,000 5 4 1,600 1,600 SqFt
1919 Scott Avenue, Los Angeles, CA, 90026 $1,500,000 4 2 2,224 2,224 SqFt
981 W Kensington, Los Angeles, CA, 90026 $800,000 4 3 1,993 1,993 SqFt
1506 Glendale Boulevard, Los Angeles, CA, 90026 $790,000 2 2 1,156 1,156 SqFt
1506 Glendale Boulevard, Los Angeles, CA, 90026 $790,000 1 1 1,156 1,156 SqFt
2226 Berkeley Ave, Los Angeles, CA, 90026 $1,360,000 4 2.5 1,813 1,813 SqFt
1825 N Easterly Terrace, Los Angeles, CA, 90026 $2,198,000 8 5 4,120 4,120 SqFt
1276 W Court Street, Los Angeles, CA, 90026 $1,000,000 2 2 1,806 1,806 SqFt

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ByOwner last updated this listing 06/21/2026 @ 19:42

MLS: BB25250782 LISTED BY: Lauren Cearley, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS

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