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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.

Agent Description

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

2 stories
12 full, 2 half
8 spaces
2023

Monthly Cost Estimate

$13,772/mo

20% down · 6.5% · 30 years

Principal$1,862
Interest$11,158
Insurance$751

Estimates only. Actual payments may vary.

Location

234 N Burlington Avenue

Los Angeles, CA 90026

Features & Amenities

Exterior Features

Community Features Included: SidewalksLandscaped

Property Details

Parking

Assigned

Heating

Central

Cooling

Central Air

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.

LC

Lauren Cearley

Agent at Myunits.com Inc.

(213) 302-8662

Listed by Myunits.com Inc. · View on Broker Site

MLS# BB25250782· Source: listhub· Updated 214 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

234 N Burlington Avenue, Los Angeles, CA 90026

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