$5,495,000

2923 S Burnside Avenue, Los Angeles, CA 90016

  • 27 beds |
  • 27 baths |
  • 12,538 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon9,287sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $438/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
October 9, 2025 at 05:00AM
Listing Office:
Keller Williams Hollywood Hills : 310-623-1300
Listing Agent:
Yohann Bensimon : 310-923-1550
MLS ID:
25602279
  • Appliances: DishwasherMicrowaveRefrigeratorDryerWasher
  • A/C: Central Air
  • Heating: Central
  • Style: Modern
  • Parking: AssignedDoor-MultiGarageParking spaces: 14
  • General: 3
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LARD1.55043022006
  • Sewer: Other
  • Source: CRMLS_CL

This listing courtesy of Yohann Bensimon, Keller Williams Hollywood Hills

Monthly Payment

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

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Location

Schools Nearby

B

Baldwin Hills Elementary School

5421 Obama Blvd, Los Angeles, CA, 90016

Grades KG-5

0.34 miles away

L

Los Angeles Center for Enriched Studies

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

Grades 6-12

1.32 miles away

V

View Park Continuation

4701 Obama Blvd, Los Angeles, CA, 90016

Grades 9-12

0.89 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.

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