2923 S Burnside Ave, Los Angeles, CA 90016 – 25602279

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Gianna Silvaggio

gsellslv@gmail.com +1(702) 236-2664

$ 5,490,000

Est. payment | -/mo

27 Beds

27 Baths

12,538 SqFt

Save

$ 5,490,000

Est. payment | -/mo

Save

27 Beds

27 Baths

12,538 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,538 sqft

Price per Sqft $437

MLS Listing ID 25602279

Style Modern

Bedrooms 27

Construction Status New Construction

Year Built 2025

Lot Size 9,286 Sqft

Acres 0.2132

Property Sub-Type Multi-Family

Property Description

5.75% Cap Rate. 2923 S Burnside Avenue is a brand-new collection of seven fully-leased townhome style apartments in the heart of Mid-City, Los Angeles. The property includes four 4-bedroom, 4-bath homes two with private 2-car garages, two 4-bedroom, 3.5-bath homes, and one 3-bedroom, 3-bath home. Units offer assigned parking, in-unit laundry, and private balconies or outdoor spaces, while spacious layouts provide clear separation between living, dining, and bedroom areas for both privacy and comfort. Designed with contemporary architecture and open floor plans, these townhome style units maximize natural light and space. High-quality finishes and thoughtful attention to detail create sleek, modern interiors that are as functional as they are stylish. Every unit provides a combination of livable space and modern amenities that appeal to today's renters. Fully leased and producing consistent income, 2923 S Burnside Avenue offers turnkey investment potential in a high-demand rental market. Brand-new construction ensures minimal maintenance, long-term reliability, and strong cash flow. Located in a prime Mid-City neighborhood with convenient access to central Los Angeles, this property represents a rare opportunity to combine immediate income with long-term stability in the Los Angeles multi-family market.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dryer, Dishwasher, Freezer, Microwave, Washer, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Assigned, Garage - 2 Car

Garage Spaces 14.0

Building

Story 3

Sewer In Street

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

+1(702) 236-2664

gsellslv@gmail.com

2923 S Burnside Ave Los Angeles, CA 90016