2923 S Burnside Avenue, Los Angeles, CA 90016

  • $5,495,000
2923 S Burnside Avenue
ResidentialIncome Active
2923 S Burnside Avenue, Los Angeles, CA 90016
2923 S Burnside Avenue
  • $5,495,000

Overview

Property ID: HZ25602279
  • 27
  • Bedrooms
  • 27
  • Bathrooms
  • 12538
  • Sq Ft
  • 4
  • Garages
  • 2025
  • Year Built

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.

  • Address Burnside
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90016

Details

Updated on October 17, 2025 at 10:07 am
  • Property ID: HZ25602279
  • Price: $5,495,000
  • Property Size: 12538 Sq Ft
  • Bedrooms: 27
  • Bathrooms: 27
  • Garages: 4
  • Year Built: 2025
  • Property Status: ResidentialIncome
  • Listed by: Yohann Bensimon
  • DRE #: 01966630
  • Contact Mail: yohann@ikonadvisors.com
  • Brokered by: Keller Williams Hollywood Hills

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings
Contact a Buyer’s Agent

Enquire About This Property

Schedule a Tour

Tour Type

Compare listings

Compare
Contact a Buyer’s Agent
  • Contact a Buyer’s Agent