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
Address:
N Burlington AV Lot 15
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
671
City:
Los Angeles
Listed Date:
Oct 30, 2025
State:
CA
Total Sq Ft:
4,798
ZIP:
90026
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
2023
Schools
Interior
Cooling
C A
Heating
C F
Laundry Features
I N
Exterior
Community Features
S D W
Parking Spots
8
Financial
Maintenance Fee
$1,000
Taxes
$30,884
Map
Contact Us
Mortgage Calculator
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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 BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA 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
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