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Active 0 days on market

2037 S Burnside Avenue

Los Angeles, CA 90016

$1,549,000

2037 S Burnside Avenue
2037 S Burnside Avenue photo 2
2037 S Burnside Avenue photo 3
2037 S Burnside Avenue photo 4
2037 S Burnside Avenue photo 5
+14 more
7Beds
0Baths
3,296Sq Ft
0.13Acres
1971Built

About This Home

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 Details

Property TypeResidentialIncome
Year Built1971
Living Area3,296 sq ft
Lot Size0.13 acres
Bedrooms7
Bathrooms0 full
Parking Total6
CoolingNone
PoolNo
MLS #1169842175
Days on Market0 days

Location

Listed by

Aaron Mejia

Christie's International Real Estate SoCal

MLS# CLW-C138611

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

2037 S Burnside Avenue | Los Angeles, CA | Leeper Realty Group