2923 S Burnside Avenue, Los Angeles, CA 90016
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
2923 S Burnside Avenue,Los Angeles, CA 90016
$5,490,000
- 27 Beds
- 27 Baths
- 12,538 sq. ft.
- Multi-family
- Active
Listed by: yohann bensimon
Office: keller williams hollywood hills
MLS#:25602279
Source:CRMLS
Price summary
- Price:$5,490,000
- Price per sq. ft.:$437.87
About this home
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.
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Home facts
- Year built:2025
- Listing ID #:25602279
- Added:103 day(s) ago
- Updated:December 19, 2025 at 02:27 PM
Rooms and interior
- Bedrooms:27
- Total bathrooms:27
- Living area:12,538 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2025
- Building area:12,538 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$5,490,000
- Price per sq. ft.:$437.87
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