$ 5,495,000
-
$5,495,000
Price -
15
Bed -
14
Bath -
12,538
SqFt
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About the Listing CLW-X7252101 - CLW-C123841
5.75% Cap Rate. 2923 S Burnside Avenue is a brand-new collection of seven fully-leased townhome style apartments in the heart of Mid-City, Los Angeles. The property includes four 4-bedroom, 4-bath homes two with private 2-car garages, two 4-bedroom, 3.5-bath homes, and one 3-bedroom, 3-bath home. Units offer assigned parking, in-unit laundry, and private balconies or outdoor spaces, while spacious layouts provide clear separation between living, dining, and bedroom areas for both privacy and comfort. Designed with contemporary architecture and open floor plans, these townhome style units maximize natural light and space. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities that appeal to today's renters. Fully leased and producing consistent income, 2923 S Burnside Avenue offers turnkey investment potential in a high-demand rental market. Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to central Los Angeles, this property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market.
Listing Highlights for 2923 S Burnside Ave
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
25602279
Year Built
2025
Total Square Footage
12,538
Lot/Acreage
0.21
County
Los Angeles
Interior Details
- Bedrooms: 15
- Bathrooms: 14 Full
- Appliances: Dishwasher, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 14
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Assigned,Garage - Two Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5043022006
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2923 S Burnside Ave Los Angeles, CA 90016
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