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.
AGENT: Lauren Cearley LISTING BROKERAGE: Myunits.com Inc.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.
Courtesy of Myunits.com Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 234 N Burlington AV
Los Angeles, CA
Property Details
Price:
$2,575,000
MLS #:
BB25250782
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c21silverlakeechopark
Listed Date:
Oct 30, 2025
Total Sq Ft:
4,798
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
2023
NewconstructionC21 – Silver Lake – Echo ParkC21silverlakeechoparkNeighborhood
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Schools
Interior
Cooling
CA
Heating
CF
Laundry Features
IN
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW
Garage Spaces
4
New Construction YN
1
Parking Spots
8
Parking Total
8
Spa Features
NO
View
NE
Financial
Gross Operating Income
$190,139
Maintenance Fee
$1,000
Net Operating Income
$154,586
Taxes
$30,884
Map
Community
- Address234 N Burlington AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90026
