$1,549,000

Multi Unit Los Angeles United States

  • 7 Beds
  • 4 Baths
  • 3,296 Sqft
  • 5,737 Sqft lot
  • Updated: June 18
  • MLS#26838879

About the Property

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-un
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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1971

  • Price/sqft

    $469

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2037 S Burnside Ave, Los Angeles, California, United States View on Google Maps
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Aaron Mejia
California, United States
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Aaron Mejia Aaron Mejia background
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Christie's International Real Estate Southern California - Beverly Hills
Christie's International Real Estate Southern California - Beverly Hills
433 N Camden Dr Suite 600, 90210, Beverly Hills, California, United States
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Last updated
June 18
First listed
May 27
Agent licence
#01896881 (CA)
Listing reference
CLAW26838879
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