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2921 Burnside Avenue, Los Angeles, CA 90016
Priced at Only: $5,395,000
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Address: 2921 Burnside Avenue, Los Angeles, CA 90016
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  • MLS#: 26638793 ( )
  • Street Address: 2921 Burnside Avenue
  • Viewed: 3
  • Price: $5,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 54
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: Keller Williams Hollywood Hills
  • Contact: Yohann Yohann
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    6.1% Cap Rate. 2921 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 plus storage that rents for $50/month, 2921 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.
Features
Appliances
  1. Dishwasher
  2. Microwave
  3. Refrigerator
Architectural Style
  1. Modern
Building Area Total
  1. 12538.00
Cooling
  1. Central Air
Country
  1. US
Garage Spaces
  1. 4.00
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Multi/Split
Netoperatingincome
  1. 329336.00
Parcel Number
  1. 5043022006
Parking Features
  1. Assigned
  2. Garage - Two Door
Postalcodeplus4
  1. 3701
Security Features
  1. Gated Community
  2. Carbon Monoxide Detector(s)
  3. Fire Sprinkler System
  4. Smoke Detector(s)
Sewer
  1. Other
Sourcesystemkey
  1. 26638793:CLAW
Tenant Pays
  1. Electricity
  2. Gas
  3. Water
  4. Trash Collection
Totalexpenses
  1. 79889.00
Year Built
  1. 2025
Year Built Source
  1. Builder
Zoning
  1. LARD1.5
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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