Los Angeles, CA 90016,2037 S Burnside Ave
Los Angeles, CA 90016,2037 S Burnside Ave
Los Angeles, CA 90016,2037 S Burnside Ave
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$1,495,000
Est. payment /mo
7 Beds
4 Baths
3,296 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $453

MLS Listing ID 25559233

Bedrooms 7

Year Built 1971

Lot Size 5,738 Sqft

Acres 0.1317

Property Sub-Type Multi-Family

Property Description

Prime Fourplex nestled in the heart of thriving Mid-City, this well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet. Built in 1963, the property offers an ideal unit mix of three spacious two-bedroom units and one one-bedroom unit all featuring in-unit laundry for added tenant convenience.With separate gas and electric meters for each unit, the property allows for simplified management and lower operating costs. A total of eight parking spaces four in the front and four in the rear provide valuable off-street parking, a rare amenity in this high-demand neighborhood.Mid-City is known for its rich architectural character and central location, offering seamless access to major corridors including the 10 Freeway. The neighborhood continues to see year-over-year growth in rental demand, making this an excellent opportunity for investors or owner-users seeking long-term upside.Recent upgrades include a newer roof on the rear structure (completed just 1.5 years ago), and interior renovations to Unit #3. Whether you're expanding your portfolio or searching for a value-add asset with strong fundamentals, this Mid-City fourplex checks all the boxes.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment Microwave, Dryer, Washer, Refrigerator

Exterior

Parking Features Driveway, Assigned

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

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Kirshner Elkin Properties

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