234 N Burlington Avenue, Los Angeles, CA 90026
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:CRBB25250782
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,575,000
- Price per sq. ft.:$536.68
About this home
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.
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Home facts
- Year built:2023
- Listing ID #:CRBB25250782
- Added:205 day(s) ago
- Updated:March 29, 2026 at 02:36 PM
Rooms and interior
- Bedrooms:14
- Living area:4,798 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2023
- Building area:4,798 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Quadruplex
- Exterior Features:Landscaped
Finances and disclosures
- Price:$2,575,000
- Price per sq. ft.:$536.68
Features and amenities
- Laundry features:Inside
Parking
- Parking description:Assigned
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