2037 S Burnside Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2037 S Burnside Avenue,Los Angeles, CA 90016
$1,399,000
- 7 Beds
- - Baths
- 3,296 sq. ft.
- Multi-family
- Active
Listed by: aaron mejia
Office: christie's international real estate socal
MLS#:CL26838879
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,399,000
- Price per sq. ft.:$424.45
About this home
Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes....
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Home facts
- Year built:1971
- Listing ID #:CL26838879
- Added:140 day(s) ago
- Updated:October 14, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:7
- Living area:3,296 sq. ft.
Structure and exterior
- Year built:1971
- Building area:3,296 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,399,000
- Price per sq. ft.:$424.45
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Assigned
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