Skip to content
For Sale

$1,399,000

3,296 sqft$424/sqft166 days on market

2037 S Burnside Avenue

Los Angeles, CA 90016

· 8% down, 7% APR, 30yr fixed

7

Beds

4

Baths

3,296

Square feet

1971

Built

Listing narrative

Description

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.

Listing agent (MLS): Aaron Mejia · Listing brokerage (MLS): Christie's International Real Estate SoCal

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,399,000

Beds

7 bd

Type

House

Home Size

3,296 sqft

Baths

4

Lot Size

0.13 acres

Year

1971

Status

For Sale

Days on Market

166

$ / Sqft

$424

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Christie's International Real Estate SoCal