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$2,575,000
234 N Burlington Avenue, Los Angeles, CA 90026
14Beds
14Baths
128Days Listed
Listed by Lauren Cearley, Myunits.com Inc. | 213-302-8662
About This Property
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.
Virtual Tour
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 14
- Bathrooms
- 14
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 128
- Cumulative Days on Market
- 126
- Original Price
- $2,575,000
Location & Neighborhood
What's nearby 234 N Burlington Avenue, Los Angeles, CA 90026
Nearby Schools
- Our Lady of Loretto School (former)0.1 mi
elementary
- Union Elementary School0.2 mi
elementary
- Unnamed School0.3 mi
elementary
Parks & Recreation
- Unidad Park0.2 mi
park
- Rockwood Park0.3 mi
park
- Lake Street Park0.3 mi
park
Transit Access
- Union & Court0.1 mi
Bus Stop
- Union & Beverly0.1 mi
Bus Stop
- Beverly & Bonnie Brae0.1 mi
Bus Stop
- Union & Temple0.2 mi
Bus Stop
- Beverly & Union0.2 mi
Bus Stop
Local Amenities
POI data updated 2/27/2026
Los Angeles Market Snapshot
2,674
Active Listings
$732K
Median Price
100
Avg Days on Market
Last updated: Mar 3, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,575,000