Stacey Alysson Melman

234 N Burlington AV Los Angeles CA 90026 MLS #BB25250782

234 N Burlington AV
Los Angeles, CA, 90026
$2,575,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #BB25250782 image #0
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.
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

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