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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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234 N Burlington Avenue, Los Angeles – $2,575,000

  • 14 Beds
  • 14 Baths
  • .14 Acres
  • 25 DOM
  • 14 Beds
  • 14 Baths
  • .14 Acres
  • 25 DOM

234 N Burlington Avenue

234 N Burlington Ave | 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.

Essential Information

  • MLS® #BB25250782
  • Price$2,575,000
  • Bedrooms14
  • Bathrooms14.00
  • Acres0.14
  • Year Built2023
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address234 N Burlington Avenue
  • AreaC21 - Silver Lake - Echo Park
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90026

Amenities

  • Parking Spaces8
  • ParkingAssigned
  • # of Garages4
  • GaragesAssigned
  • ViewNeighborhood
  • PoolNone

Interior

  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionLandscaped

Additional Information

  • Date ListedOctober 30th, 2025
  • Days on Market25
  • ZoningLARD1.5

Listing Details

  • AgentLauren Cearley
  • OfficeMyunits.com Inc.
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Lauren Cearley, Myunits.com Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of November 24th, 2025 at 8:15am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.