2037 S Burnside Ave (Off Market)

For Sale, USD 1,549,000


Property Type : Multi-Family Home

Property Style : N/A

Build Size : 3,296 ft² / 306 m²

Land Size : N/A

Bedroom : 7

Bathroom : 4

Half Bathroom : 4

MLS#: 26838879


Property Description

Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.
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2037 S Burnside Ave, United States,California,Los Angeles is a 3,296ft² Los Angeles luxury Multi-Family Home listed for sale USD 1,549,000. This high end Los Angeles Multi-Family Home is comprised of 7 bedrooms and 4 baths. Find more luxury properties in Los Angeles or search for luxury properties for sale in Los Angeles.