234 N Burlington Avenue, Los Angeles, CA 90026

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
234 N Burlington Avenue,Los Angeles, CA 90026
$2,575,000
  • 14 Beds
  • - Baths
  • 4,798 sq. ft.
  • Multi-family
  • Active
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
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at March 29, 2026