2037 S Burnside AVE, Los Angeles, CA 90016
2037 S Burnside AVE, Los Angeles, CA 90016
2037 S Burnside AVE, Los Angeles, CA 90016
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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Steven Sutton

Steven Sutton

+1(541) 852-5679
$ 1,399,000
Est. payment | /mo

7 Beds

4 Baths

3,296 SqFt

Save
$ 1,399,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,296 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $424

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Aaron Mejia Christie's International Real Estate SoCal #01896881

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Steven Sutton

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+1(541) 852-5679

stevesuttonrealty@gmail.com

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2037 S Burnside AVE