Overview
- Quadruplex
- 4
- 2023
Description
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.
Address
Open on Google Maps- Address Burlington
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90026
Details
Updated on February 27, 2026 at 8:06 pm- Property ID: HZBB25250782
- Price: $2,575,000
- Garages: 4
- Year Built: 2023
- Property Type: Quadruplex
- Property Status: ResidentialIncome
- Listed by: Lauren Cearley
- DRE #: 02146823
- Contact Phone: 213.302.8662
- Contact Mail: lauren@myunits.com
- Brokered by: Myunits.com Inc.
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