2037 S Burnside AVE, Los Angeles, CA 90016
2037 S Burnside AVE, Los Angeles, CA 90016
2037 S Burnside AVE, Los Angeles, CA 90016
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,549,000
Est. payment /mo
7 Beds
4 Baths
3,296 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $469

MLS Listing ID 26838879

Bedrooms 7

HOA Y/N No

Year Built 1971

Lot Size 5,736 Sqft

Property Description

Prime Mid-City investment opportunity offering strong fundamentals, desirable unit mix, and long-term upside in one of Los Angeles' most centrally located rental markets. This well-maintained fourplex consists of two two-story apartment buildings totaling approximately 3,296 square feet and features three spacious two-bedroom units and one one-bedroom unit, each with the added convenience of in-unit laundry.Designed for efficient ownership, the property offers separate gas and electric meters for each unit, helping streamline management and reduce operating expenses. Six total parking spaces, provide a valuable off-street parking advantage in a high-demand urban neighborhood.Built in 1971, the property benefits from strong rental appeal and a central Mid-City location with convenient access to major corridors, including the 10 Freeway. Recent improvements include a newer roof on the rear structure & newer water heather at units 1,3, & 4, along with interior renovations to Unit #3. With its sought-after location, practical unit mix, parking, in-unit laundry, and operational efficiencies, this Mid-City fourplex presents a compelling opportunity for investors seeking stable income potential, future rent growth, and long-term appreciation. Whether expanding an existing portfolio or pursuing a value-add multifamily asset in a proven Los Angeles submarket, this property is positioned to check all the right boxes.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Cooling None

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Driveway

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5063018015

Special Listing Condition Standard

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Listed by Aaron Mejia Christie's International Real Estate SoCal #01896881

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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2037 S Burnside AVE

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