$1,495,000

2037 S Burnside Avenue, Los Angeles, CA 90016

  • 7 beds
  • 3,296 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $454/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime Fourplex nestled in the heart of thriving Mid-City, this well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet. Built in 1963, the property offers an ideal unit mix of three spacious two-bedroom units and one one-bedroom unit all featuring in-unit laundry for added tenant convenience.With separate gas and electric meters for each unit, the property allows for simplified management and lower operating costs. A total of eight parking spaces four in the front and four in the rear provide valuable off-street parking, a rare amenity in this high-demand neighborhood.Mid-City is known for its rich architectural character and central location, offering seamless access to major corridors including the 10 Freeway. The neighborhood continues to see year-over-year growth in rental demand, making this an excellent opportunity for investors or owner-users seeking long-term upside.Recent upgrades include a newer roof on the rear structure (completed just 1.5 years ago), and interior renovations to Unit #3. Whether you're expanding your portfolio or searching for a value-add asset with strong fundamentals, this Mid-City fourplex checks all the boxes.

Listing Status:
Active
Date Added:
June 30, 2025 at 05:00AM
Listing Office:
Christie's International Real Estate SoCal : 424-249-7162
Listing Agent:
Aaron Mejia : 562-413-4717
MLS ID:
CL25559233
  • Laundry: DryerWasher
  • A/C: No Air Conditioning
  • Parking: AssignedOther
  • County: Los Angeles
  • Zoning: LARD5063018015

This listing courtesy of Aaron Mejia, Christie's International Real Estate SoCal

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Marvin Avenue Elementary

2411 S Marvin Ave, Los Angeles, CA, 90016

Grades KG-5

0.42 miles away

L

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.84 miles away

L

Los Angeles Center for Enriched Studies

5931 W 18th St, Los Angeles, CA, 90035

Grades 6-12

0.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby