234 N Burlington Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

234 N Burlington Avenue

Los Angeles, CA 90026
6,000 Lot Sq Ft
Built 2023
$2,575,000

Property Overview

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.

Home Details

Property type
Residential Income - Quadruplex
Year built
2023
Lot size
6,000 sq ft
Parking
8 spaces
Garage
4 spaces
Stories
2
Days on market
196
Cumulative days on market
450
MLS status
Active
Zoning
LARD1.5

Features & Amenities

Parking

  • Assigned

Pool

  • None

Lot

  • Landscaped

Community, Schools & Utilities

Community

View
Yes
Annual property tax
$30,884

Utilities

Heating
Central
Cooling
CentralAir
Electric
Standard
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

234 N Burlington Avenue

Los Angeles, CA 90026

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Frequently Asked Questions About 234 N Burlington Avenue

Property type: Residential Income

The current asking price is $2,575,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 234 N Burlington Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2023. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 196 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Lauren Cearley
MLS ID: BB42774

Available property

$2,575,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.