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About This Home
This 14-bedroom, 14-bathroom multi-family at 234 N Burlington Avenue in Los Angeles, CA is listed for $2,575,000 ($537 per sqft). Built in 2023, the home offers 4,798 sqft of living space on a 0.14 acres lot.
234 N Burlington Ave | Echo Park
The 2-4 Unit Specialists are pleased to present 234 N Burlington, a fully stabilized 2023 construction fourplex delivering a true 6.00% cap rate at $2,575,000. This rare income property offers immediate, predictable cash flow with zero lease-up risk: ideal for end-of-year and 1031 exchange buyers seeking strong returns in a core Los Angeles location.
Each unit features modern 3- and 4-bedroom layouts with open floorplans, designer kitchens, in-unit laundry, and premium finishes that command top rents. Eight total parking spaces, separate utility meters, and all new systems ensure minimal operating costs and maximum efficiency.
Located just blocks from Echo Park Lake, Silver Lake, and Downtown LA, the property attracts high-earning tenants and benefits from continued submarket growth driven by limited SB 8 supply and consistent rental demand. This is one of the few stabilized assets in LA offering verified 6% performance with clear long-term appreciation upside.
Key Features
- Built in 2023
- 0.14 acre lot
- 2 stories
- 8 parking spaces
Property Details
Monthly Cost Estimate
$13,772/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
234 N Burlington Avenue
Los Angeles, CA 90026
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Questions & Answers
This 14-bedroom, 14-bathroom multi-family at 234 N Burlington Avenue is listed at $2,575,000 ($537/sqft). The estimated monthly payment is $11,158 based on 20% down at 6.5% interest.
Key features include: Built in 2023, 0.14 acre lot, 2 stories, 8 parking spaces. Exterior Features: Community Features Included: Sidewalks, Landscaped.
This property is listed by Lauren Cearley and can be reached at 2133028662 or lauren@myunits.com.







